Experian: Loan Balances Reach Record High of $1.1 Trillion in 2Q
Portfolio balances reached a record level in the second quarter, with an increasing concentration of prime loans and leases, Experian’s ...
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The Cynic’s View on the CFPB Arbitration Rule
On July 10, the Consumer Financial Protection Bureau issued the final version of its arbitration rule banning consumer financial services ...
The Cynic’s View on the CFPB Arbitration Rule
On July 10, the Consumer Financial Protection Bureau issued the final version of its arbitration rule banning consumer financial services ...
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 ...
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 ...
