Risk Management
SACU Adds Resources to Combat Competition
San Antonio Federal Credit Union is adding staff and updating its loan-origination systems in an effort to stay competitive. “We’re in...
Service is Key to Consumer Loyalty, J.D. Power Says
Customer service is key for auto finance companies looking to retain consumers for future purchase, according to the J.D. Power...
Turner to Reduce Focus on Auto, Citing Pricing Pressure
Chicago-based lender Turner Acceptance Corp. plans to reduce its focus on auto finance, in favor of increased personal loan business,...
Buy Here, Pay Here: What to Do if the CFPB Comes Knocking
DriveTime’s fate was foreshadowed by Rick Hackett, former CFPB assistant director focusing on auto lending regulation and current partner at...
Buy Here, Pay Here: What to Do if the CFPB Comes Knocking
This week, the Consumer Financial Protection Bureau leveled an $8 million civil penalty fine against Phoenix-based DriveTime Automotive Group, the...
DriveTime Penalty May Not Signal Further BHPH Action
The $8 million civil penalty leveled against Phoenix-based DriveTime Automotive Group by the Consumer Financial Protection Bureau this week may...
BB&T To Enter Auto Leasing With Susquehanna Acquisition
BB&T Corp. is headed into auto leasing. The bank agreed this week to shell out $2.5 billion in cash and stock to...
BMO Harris Dealership Finance Announces New Managing Director
George Pappas has been named as a Managing Director at BMO Harris Dealership Finance, the company told Auto Finance News...
