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Auto Finance News
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Plummeting Treasury yields a bright spot for auto lenders’ funding costs

Treasury yields are falling following the central bank’s indication Dec. 13 that it would cut rates

  • Joey Pizzolato
  • December 15, 2023

Credit unions tighten access in November amid competition 

Credit access tightened in November after loosening for much of the fall, with credit unions becoming

  • Amanda Harris
  • December 15, 2023

EV inventories hit record high in US as cars pile up on dealer lots

Electric vehicle inventories on US dealer lots reached a new high in December, with a 114-day

  • Bloomberg News
  • December 15, 2023

SameDay director of servicing on program revisions, affordability 

SameDay Auto Finance has revised its lending program to account for rising losses and affordability challenges

  • Amanda Harris
  • December 14, 2023

Powersports financiers gain new market share amid CU tightening

Credit unions have lost ground in new-unit powersports financing this year amid rising rates and an

  • Riley Wolfbauer
  • December 14, 2023

Toyota Financial Services names Scott Cooke CEO 

Toyota Financial Services President and Chief Executive Mark Templin is stepping down as leader of the

  • Amanda Harris
  • December 13, 2023

Big Wheels: Average auto loan rejection rate ticks up to 11%

The average auto loan rejection rate increased year over year in October, bringing the average rejection

  • Riley Wolfbauer
  • December 13, 2023

Exeter joins AI-based lender Pagaya’s network 

Exeter Finance is leveraging financier Pagaya Technologies’ AI-based capabilities to improve funding and auto loan decisioning

  • Auto Finance News, AI-assisted
  • December 13, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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