Risk Management
GM Financial Will Launch Second Direct Mail Pilot
Following an inaugural pilot in September, General Motors Financial Co. will launch a second pilot for its direct mail dealer...
SpringboardAuto to Target Private-Party Auto Sales in 1Q, CEO Says
SpringboardAuto.com will offer refinancing for existing auto loans, and fund private-party purchases in the first quarter of 2016, Founder and...
Games May Help Lenders in Pursuit of Underbanked Millennials
Some millennials may not have checking accounts or desktop computers, but the vast majority have smartphones, and many of them...
GMF Set to Open San Antonio Servicing Center in 2017
General Motors Financial Inc. will begin construction of its new financial servicing center – set to employ up to 700...
Look Beyond the First Rate Hike, Wells Economist Cautions
Lenders should prep for gradual interest rate hikes through 2016, Sarah House, vice president and economist at Wells Fargo Securities, told...
Low Auto Defaults in November: S&P Dow Jones Indices
Auto loan default rates should stay low, and consumer interest rates on auto loans shouldn’t feel any 1-to-1 impact from...
Average Auto Debt Up $500 in 2016: TransUnion
The average auto debt per borrower should keep on increasing in 2016, to an estimated $18,509 for the fourth quarter...
Fed Rate Hike Shouldn’t Bother Auto Finance at First, Analysts Say
Analysts don’t expect much, if any, immediate effect on auto finance and consumer demand for autos, now that the Federal...
