The Association of Dealership Compliance Officers (ADCO) and the National Automotive Finance Association both recently rolled out revamped resources to help dealers and finance companies navigate the ongoing task of maintaining processes within state and federal guidelines. ADCO hosted an ... [Read More]

As TransUnion highlighted that originations in that segment already are on the rise, Agora Data this week expanded its dealer funding program to help dealerships better serve near-prime customers, including those with FICO scores of 660 and below. The fintech ... [Read More]

Bill Adams, chief U.S. economist at Fifth Third Bank, pinpointed the importance of one specific comment made by Federal Reserve chair Kevin Warsh last week as he and other policymakers left interest rates unchanged and acknowledged that “inflation remains elevated.” ... [Read More]

While its overall consumer credit readings might be stable, there’s been a significant change in top leadership at VantageScore. Last week, the company announced that Silvio Tavares made the decision to step down as president and chief executive officer after ... [Read More]

While touting some parts of the economy are doing well, Federal Reserve chair Kevin Warsh on Wednesday acknowledged inflation is still creating a significant headwind, as policymakers left the federal fund rate unchanged at 3.75% to 4%. And Cox Automotive ... [Read More]

Whether examining only auto-finance data or delinquency connected to products throughout the credit market, VantageScore often repeated “affordability” when detailing the September information contained in the newest installment of CreditGauge. VantageScore reported this week that average auto loan balances increased ... [Read More]

Consumer demand for taking on additional debt is already “subdued,” according to findings from a recent survey orchestrated defi SOLUTIONS. And the cost of that debt might not be mitigating as the Federal Reserve has its penultimate meeting this week ... [Read More]