AAA Bank Marks Entry Into Powersports With Refi Program in 2018

The financial arm of the American Automobile Association (AAA) is preparing to enter the powersports space in 2018 with an online, direct refinance product and, subsequently, after that launch a retail lending program, said Jeff Vander Linden, chief lending officer for Auto Club Trust Federal Savings Bank. “We’re going to be expanding out into motorcycle, […]
  • William Hoffman
  • January 11, 2018
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Tuning Into Tech: Why Lenders Struggle to Keep Up With the Digital Pace of Change

Nearly two thirds of all Americans have smartphones, and nine of every 10 use the internet, according to a Pew Research study. Yet, online auto lending hasn’t kept pace with this tech revolution. Lenders remain mired in old legacy systems that aren’t equipped for the times, and smaller finance companies are struggling to catch up, […]
  • William Hoffman
  • December 26, 2017
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