60-month loan rates tick down while lenders hold steady
The average interest rate for a 60-month loan for a new vehicle and a 1-year-old used vehicle has ticked down ...
Tag: BECU
BECU rolls out same-day payments for dealers
BECU has rolled out same-day payments for its dealer partners as the credit union looks to increase funding speed as ...
BECU reprices outstanding consumer loans yearly
To improve customer loyalty, BECU automatically rescores and reprices outstanding consumer auto loans yearly if a consumer shows consistent payment ...
Balancing Act: The key factors shaping auto finance in 2024
The auto finance industry is teetering on the fulcrum of the U.S. economy. On one hand, auto outstandings have never ...
BECU automation surpasses 60%
LAS VEGAS — BECU automates more than half of its underwriting operations as it balances AI with manual processes. The Tukwila, Wash.-based ...
NMAC adds CPOs to lease offering
LAS VEGAS — Nissan Motor Acceptance Co. expanded its lease offering to include certified pre-owned vehicles this year to give ...
Auto lenders talk AI-driven decisioning
LAS VEGAS — Financial institutions have used AI in varying capacities for decades, but recent enhancements to the technology have ...
Open Lending adds 3 appointments and other staff moves
Open Lending adds 3 to management team Open Lending appointed Simona Fillarini as the company’s chief human resources officer, Thinh ...
