GM Financial Increases Credit Quality in Latest Securitization
GM Financial's booth from NADA Convention & Expo 2017. (Photo by William Hoffman) Credit quality in General Motors Financial Co. ...
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Dealer Roundup, Part IV: Freedom Dealers Seek Faster Funding, More Credit Union Partners
2013 Honda CB500X. Dealers are making “clean” contracts in transit (CIT) their top priority this year, in addition to scouting ...
Nissan Scouts Opportunities in Mobility for New Credit Card
Nissan Motor Co. is seeking mobility opportunities for its new Visa co-branded credit card, Auto Finance News has learned. The Visa consumer credit card, which ...
Credit Acceptance Grows 72-Month Loans, as Historical Data Accumulates
Credit Acceptance Corp.’s average loan term rose in the first quarter to 54 months — the longest it’s been since ...
CREDIT: Delinquencies Rise, Lenders Tighten Credit
Subprime 60-plus-day delinquencies declined to 4.28% in February, compared with 5.09% in January, according to S&P Global. Year over year, however, ...
Spring Tree Auto Lending Expands In Southeast With Credit Line
Daniel P. Galvanoni, Chairman & CEO, DPG Investments, LLC Atlanta, Georgia-based Spring Tree Lending LLC, which buys and services non-prime ...
Credit Available, But Demand Shows Signs of Weakening, Conference Speakers Report
DALLAS -- The auto finance industry is now doing all it can to send more business into the repossession market ...
Under the Hood: Lenders seek to expand sales, IT, collections teams
Collection and IT executives are still high on lenders’ hiring lists, but sales and origination staff are also in increasingly ...
