Ford Credit to Use Machine Learning in Approval Process
Ford Motor Credit Co. has decided to change its approval underwriting process to incorporate machine learning to look beyond credit ...
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Fed Numbers Place Ally as No. 1 Lender Amid Wells Fargo’s Pullback
For three and half years Wells Fargo Dealer Services has been the No. 1 provider of retail loans, but now ...
Maven Might Expand Dealership Pilot Program
Maven, the mobility unit owned and operated by General Motors Co., may be looking into expanding its dealership pilot program, ...
8 Tips for Improving Collection Practices
Delinquencies continue to climb to levels unseen since the financial crisis, which is why many lenders are focused on improving ...
Selling Millennials on the Dealership Experience
Think back to the most important retail moments of the last 50 years. What would be on your list? Surely ...
Regions’ Indirect Portfolio Drops 9.8% in 2Q
Regions Financial Corp.’s indirect vehicle lending balances dipped 9.8% year over year to $3.7 billion in the second quarter, according ...
Lobel to Create Custom Scorecard Using Alternative Data
Lobel Financial teamed up with FactorTrust to use alternative data in a new, in-house custom scorecard, the companies announced today. ...
Toyota Serves Up $1.3 Billion Securitization
Approximately 43% of Toyota Motor Credit Corp.'s loan pool balance in its latest securitization have an original term of 60 ...
