Pelican Restricts Repo Policy Amid Industry Concerns
Pelican Auto Finance LLC has changed two collection and repossession policies in the wake of increased attention from the Federal ...
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Getaround Brings Keyless Carsharing Tech to New Jersey
Getaround opened up its keyless peer-to-peer carsharing platform to Tri-State New Jersey. Now, the “Airbnb for cars,” as it calls itself, is ...
Bank of America Pilots New Direct Lending Portal
Via Mike Mozart | Flickr DALLAS — Bank of America is piloting a new online, direct lending platform in select ...
The Plot Thickens: U.S. Court of Appeals to Hear CFPB Case
On Feb. 16, the U.S. Court of Appeals for the D.C. Circuit agreed to rehear en banc PHH Corp. v. ...
Prospect of CFPB Reform Wanes, Enforcement Remains
Sam Whitfield, Consumer Bankers Association; Jaret Seiberg, Cowen and Co.; Ken Sweet, The Associated Press; Jonice Gray Tucker, Buckley Sandler ...
Carvana Files $100 Million IPO
Via Carvana's Facebook Page Carvana, the online used-car marketplace, filed an initial public offering worth $100 million Friday. The company, ...
Deep Subprime Auto Securities Grow to 32% of the Market
The share of deep subprime auto loan securities has grown to nearly a third of the total subprime auto ABS ...
Online Identification: Do Your Consumers Need a VIN?
Few would dispute the auto-buying decision journey is switching into high gear digitally, with research from IHS suggesting consumers spend ...
