Dueling dynamics will shape consumer credit in 2021
The auto finance industry has veered away from in-person encounters amid the COVID-19 pandemic, but consumers remain the ultimate barometer ...
Tag: Under the Hood
Inside GM Financial’s industrial bank application
GM Financial plans to stick to its knitting with the industrial bank it has in the works. GMF described the ...
Subprime securitizations: Lower delinquencies offset higher losses
There’s a tug-of-war going on in the securitization sector that will determine how subprime transactions fare in 2021. Subprime securitization ...
CFPB refines debt-collection rule
After reviewing 37,000 comments in the past seven years, the Consumer Financial Protection Bureau is nearing the finish line on ...
5 ways to gamify auto finance engagement
When Nintendo launched the latest iteration of its Animal Crossing video game back in March, it sold a record 5 ...
Is a nationwide enforcement crackdown coming from CA?
Move over, Consumer Financial Protection Bureau, the California Department of Financial Protection and Innovation (DFPI) has set its sights on ...
Massachusetts AG probe signals heightened scrutiny of subprime sector
Increasing vehicle prices have long spurred car buyers to hunt for affordable monthly payments, but now that ability to repay ...
Refi-related loan extensions could soften delinquency blow
2020 will long be known as the year of the pandemic. For auto financiers, it will also be remembered as ...
