Massachusetts AG Probes Borrowers’ Ability to Repay Loans
WASHINTON, D.C. — The Massachusetts attorney general is taking a greater interest in the practices of used-car lenders failing to ...
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Wells Fargo’s CEO Search: Here Are Likely Outside Candidates
Bloomberg For more than two years, Wells Fargo & Co.’s board maintained an insider could reform the bank. Now that ...
OEMs Promote Fleet Sales in Wake of Incentives Pullback
© Can Stock Photo / mrdoomits With March new-vehicle sales down 1.5% year over year, automakers have been pulling back ...
Avid Acceptance Scores $50M Credit Facility
© Can Stock Photo / pruden Avid Acceptance LLC has finalized an asset-backed warehouse facility with Capital One — its ...
On The Radar: Lenders Eye 3 States Set to Intensify Oversight
© Can Stock Photo / anizza From the March issue: Despite the regulatory sigh of relief provided last year by ...
Dealership Financing Slips as Customers Prefer Online Options, Survey Shows
© Can Stock Photo / Choreograph Consumers are increasingly opting to skip the dealership when it comes to getting their ...
Tesla Scales Back Store Closures
Patrick T. Fallon/Bloomberg Contrary to the electric OEM’s announcement last month, Tesla will not be closing as many of its ...
How Personalization Leads to a Better Borrower Experience
Welcome to the personalization revolution. Generic campaigns and mass-market offers are approaching obsolescence as marketers in all industries, including financial ...
