Inside CFPB complaint portal changes, AI-driven rise in credit washing
Additional screening and disclosures have been put in place on the Consumer Financial Protection Bureau’s database due to a significant increase in the number of ...
Additional screening and disclosures have been put in place on the Consumer Financial Protection Bureau’s database due to a significant increase in the number of ...
AI is poised to be a differentiator across powersports retail and finance as dealers, lenders and manufacturers look to improve ...
Canadian subprime lender goeasy has tightened standards and launched a six-point path to profitability following the announcement of hundreds of ...
Competition is increasing for auto lenders who serve consumers with thin credit or who don’t qualify for traditional credit. Financiers’ interest in serving ...
Updating and maintaining data could help dealerships obtain capital from lenders as affordability pressures become heightened. Many dealerships use antiquated ...
Since the realization that the post-pandemic portfolios, originated in 2022 and 2023, were going to underperform nearly industrywide, there have ...
Auto loan rejection rates declined in the Federal Reserve’s latest consumer credit access survey as the volume of applications also decreased. The rate ...
Electric boat manufacturer Arc Boat is expanding into commercial marine, creating new opportunities for asset-based financing as electric boat adoption increases. The Los Angeles-based ...