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Podcast: ‘Weekly Wrap’ on tightened credit, powersports growth 

Elevated interest rates and inflationary pressures have prompted auto lenders to tighten credit, leading credit unions

Implementing uniform GAP refunds: Costly but necessary

Automotive lenders should implement a uniform process for GAP refunds across all states they lend in

Auto Finance Summit East 2024 agenda is live 

Auto Finance News is pleased to announce that Auto Finance Summit East 2024 will take place

KKR buys BMO’s $7B RV loan portfolio as banks shed debt

A group led by KKR & Co. has purchased a roughly $7.2 billion portfolio of recreational

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

Credit unions tighten access in November amid competition 

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

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

SameDay director of servicing on program revisions, affordability 

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

Credit Union Auto Lending Surges

David Thompson

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