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Fueling Auto Lending Without Increasing Risk

The latest stats are in, and 2017 marked the auto industry’s first sales decline in seven years[1]. Auto experts forecast this trend will continue into 2018.[2] After this run of consecutive year-over-year sales gains, the auto lending market is showing signs of cooling. There are several reasons sales have reached a plateau. People are holding […]

Auto Lending and Millennials: Why They Deserve a Second Look

Millennials were responsible for more than 28% of all retail vehicle sales, according to the J.D. Power 2015 New Auto Shopper Study, and by 2020 experts forecast they will account for more than 40% of purchases.[1] In 2017 Moody’s Analytics reported that young consumers, identified as those 34 and under, had the largest share of auto […]