Pelican to Extend Loan Terms, Grow With $100 Million in Funding
Pelican Auto Finance will raise its longest loans to 66 months — compared with a maximum of 54 months previously ...
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Fast Funding Will Keep Dealers Satisfied
Relationship and funding speed were the two main factors affecting auto lenders’ rankings in J.D. Power’s annual U.S. Dealer Financing ...
Tech, Talk, Customer Treatment are Key to Collections
Getting in touch with overdue borrowers has always been challenging for auto lenders. But that task is tougher, as more ...
DriveTime Expands Warehouse Facilities
DriveTime Automotive Group Inc. established a $75-million private warehouse facility last month, boosting its total warehouse capacity to $675 million. ...
Lenders Search for New Ways to Attract Millennials
Two of the largest auto lenders in the U.S. — Ally Financial Inc. and Wells Fargo & Co. — are ...
Auto Finance Outstandings Top Record $900 Billion
Bolstered by record originations, the auto finance industry closed out a banner year in 2014, with $907.1 billion in loan ...
The Warning Against ‘Aggressive’ Underwriting Goes Alternative
Times are good for lenders, but will an interest rate hike, expected later this year, or an economic downturn, end ...
4 Tips for Boosting Dealer Relationships
Is there a lender that does not want to originate more loans? We'll go with "no," which is why we ...
