Auto Fin Journal Staff

Carleton bolstered its compliance and research team this week as the provider of compliant loan calculation and digital document software solutions added Brian Kelly. With the expansion of state-driven regulatory changes, along with the uncertainty of the Consumer Financial Protection Bureau positions on a wide range of... Read More

Auto Finance Journal Staff

After experiencing 40 percent month-over-month customer growth for the last two quarters, Fair is now in the Windy City. Fair, the used-vehicle subscription company that has had its app in the Apple Store for a year, launched in Chicago on Thursday. According to a news release, the company has partnered with dealers... Read More

Auto Finance Journal Staff

Of course, auto finance companies want their customers to send payments as dictated by the agreement finalized at delivery. But the latest survey from BillingTree showed that providers realize how they can help their contract holders maintain monthly commitments is changing. BillingTree recently announced the key... Read More

Auto Finance Journal Staff

Rather than further diversify its portfolio, Ally Financial announced on Wednesday that it will condense its sphere. In an effort to leverage its strengths, better optimize capital allocation and provide even more focused dealer support, Ally said it is taking strategic actions that will enable it to concentrate more on... Read More

Shift in F&I presentation could pay dividends

Joe Overby, Staff Writer

Sometimes, making a move to the “closer” position pays off. Like in 2002, when ace pitcher and 2015 Hall of Fame inductee John Smoltz promptly posted 55 saves, a National League record, during his first full year as closer for the Atlanta Braves. But in automotive, there has also been some success... Read More

Auto Finance Journal Staff

TransUnion is leveraging a relationship with one of its strategic partners to cater to consumers who expect results — like the availability of auto financing — to appear within a few swipes on a smartphone. To meet the evolving needs of consumers, TransUnion recently launched Mobile Offers Now, a solution... Read More

Auto Finance Journal Staff

While the auto finance industry certainly is taking steps to reduce its exposure, the latest analysis from LexisNexis Risk Solutions showed how much rampant fraud still is happening in the greater retail sector. In fact, findings from its comprehensive "2018 True Cost of Fraud" report indicated fraud is... Read More

Auto Finance Journal Staff

As much as iPads, artificial intelligence and consistently updated software proliferate auto financing, the J.D. Power 2018 U.S. Dealer Financing Satisfaction Study released this week maintained just how important people remain. J.D. Power found that dealers are leaning heavily on the credit staff and sales reps as they... Read More