How aftermarket products give subprime lenders an edge
Fueled by off-lease volume and consumer demand, used-vehicle sales are nearing record levels. For lenders focused on used vehicles — ...
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Earnings roundup: Ally, Chase, US Bank boost auto originations in 3Q
Ally Financial, Chase Auto, and U.S. Bank Dealer Services all grew origination volumes in the third quarter despite a mixed ...
Capitalizing on today’s tech
Technology may provide the best competitive advantage to lenders in the current economic climate. With fintechs, lenders can accelerate the ...
Toyota Financial enters private-label financing, scores Mazda
Toyota Financial Services (TFS) is establishing itself as a provider of third-party financial services on the heels of a newly ...
BMWFS to leverage US Bank resources in new co-brand agreement
BMW Financial Services is leveraging U.S. Bank's resources to launch a co-branded credit card in January 2020, a move that ...
An inside look at 2 new credit scoring models
Ever since the concept of loaning money was conceived, lenders have been trying to find the ideal way to predict ...
Despite Exeter’s growth, CarMax-sourced share of latest ABS stays flat
Although Exeter Finance’s portfolio has grown 19% through midyear, the portion of originations stemming from CarMax dealerships has remained steady, ...
Wells Fargo settles TCPA claims with $18M payout
Regulators have approved Wells Fargo’s $17.85 million deal to settle lawsuits accusing the bank of violating the Telephone Consumer Protection ...
