Sink or swim: Covid pushes lenders toward online financing [Feature]
The coronavirus pandemic may be the catalyst that spurs lenders to dive into the untapped ocean of digital financing in ...
Tag: covid19
Grit and innovation: How the auto industry survived the pandemic
A look back at history reveals automakers around the world consistently take quick action to support their local communities and ...
US jobless claims below 1M for first time in pandemic
The number of Americans applying for state unemployment benefits fell below 1 million for the first time since the pandemic ...
Maximizing recoveries in a post-shutdown economy [Webinar]
The looming increase in repossessions is top of mind for the industry as deferral programs come to an end and ...
July used-vehicle values reach new record high
Used-vehicle prices continue to recover as inventory remains low. The July Manheim Used Vehicle Value Index sits at a record high of 158.0, a month-to-month increase ...
Auto refi fintech grows 400% amid pandemic
Breaking from tradition may be the key to auto financiers’ future success. While most lenders struggled as car sales dropped ...
Nicholas Financial builds direct loan portfolio
Direct loan originations for Nicholas Financial increased 18% year over year to $2.4 million in principal balances in the first ...
JD Power to pay $135M for TrueCar’s ALG analytic service
Digital automotive marketplace TrueCar is selling its data analytics subsidiary ALG for $135 million to consumer intelligence company J.D. Power ...
