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Marcie Belles

Auto Finance Technology sponsored by InformedIQ

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Podcast: Carvana VP of finance talks rate cuts, profitability, sales growth 

Carvana has lowered its interest rates as its profitability, sales and finance volume improve. The Tempe,

America’s Car-Mart debt deadline extended to June 19

Buy here, pay here retailer America’s Car-Mart has received another extension to address its almost $900

SOFR Index rises 4.1% YoY 

The Secured Overnight Financing Rate Index, which tracks the cumulative compounded effect of short-term funding costs

PrimaLend faces second lawsuit over sale of failing BHPH portfolio

Buy here, pay here dealership Simple Auto is suing bankrupt lender PrimaLend Capital Partners, saying it

Retailer West Marine closes 59 stores amid Chapter 11 proceedings

West Marine‘s Chapter 11 bankruptcy could result in as many as 95 shuttered locations, with 59

Truist names Michael Lyons CEO to replace Bill Rogers 

Truist Financial named Michael Lyons its next president and chief executive officer effective Sept. 1, succeeding

Credit Acceptance Corp. Names Joe Billante CFO 

Credit Acceptance Corp. has named Joe Billante chief financial officer to succeed Jay Martin. Martin will

Extended terms driving refi applications

Specialty auto refinance lenders’ application volume has been rising as consumers extend their loan terms to

Credit Union Auto Lending Surges

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