Tag: credit underwriting

Capital One Auto Finance shut down its western regional buying center in Irvine, Calif., Monday as the bank re-evaluates its ...

Gesa Credit Union has seen an increase in its look-to-book ratio after implementing automated credit decisioning on auto loans.   “As ...

AI-based auto lender Lendbuzz has tightened its credit standards and pulled out of certain credit segments in an effort to ...

Bank of America is looking to upgrade its client communications after auto loans are approved as the bank continues to ...

The Consumer Financial Protection Bureau is putting artificial intelligence-based (AI) underwriting models under the regulatory microscope as more lenders and ...

Automotive lenders find themselves in a more competitive market than ever. Lingering supply chain issues generated by the COVID-19 pandemic ...

Strong used-vehicle values and better than expected loan performance led to improved credit availability for auto loans in December. Credit ...

Subprime financing segments declined to near-record lows in the third quarter on the heels of tightened underwriting standards due to ...