Risk Management
Evaluating Your Indirect Lending Program [SPONSORED]
Underwriting can be a tough aspect of an indirect lending program to optimize and now is the time to evaluate...
Avis Grows Direct-to-Consumer Sales, Financing
As part of an ongoing expansion, the Avis Budget Group Inc. recently announced it had enrolled a total of more...
Ripple Effect: VW Diesel Scandal May Hurt ABS, Analysts Say
Volkswagen Credit dealer floorplan securitizations will likely suffer higher-than-expected losses, in the wake of Volkswagen’s admission of cheating in diesel emissions tests...
Startup Aims to Make Subprime Payments More Engaging
Customer Engagement Technologies, a fintech startup company, is set to “drastically improve the overall image of subprime auto market,” by gamifying...
BMO Harris Keeps Flats But Drops Autos in “Non-Core” States
Chicago-based BMO Harris Bank said its recent move to drop indirect auto lending in 12 "non-core" states is unrelated to...
DOJ Thumbs-Up Clears $4 Billion Cox-Dealertrack Buyout
Cox Automotive completed its $4 billion deal to acquire Dealertrack Technologies on Thursday, Cox said. The U.S. Department of Justice...
Westlake, CFPB Settle Debt-Collection Charges for $48 Million
Subprime and near-prime auto lender Westlake Financial Services and its Wilshire Consumer Credit unit, which makes direct-to-consumer auto title loans,...
10 Executives on Innovation’s Vanguard
By Larissa Padden [email protected] Diana Asatryan [email protected] Innovation matters. The people of innovation matter most. Buzzwords like “enterprise...
