Make it seven months in a row that analysts have spotted an uptick in auto defaults. And it’s also the longest upward streak in a decade. The auto portion of the S&P/Experian Consumer Credit Default Indices moved higher again in ... [Read More]

WalletHub recently released its latest Auto Financing Report, compiling lists of what analysts classified as the Top 20 cities where consumers overspend on vehicles and where they spend the least. Perhaps managers and underwriters could review the lists and say ... [Read More]

Car Capital not only is building its team of executives as well as its financial resources, the auto-finance technology company that strives to get any deal bought no matter the consumer credit background is cultivating its portfolio of dealer clients, ... [Read More]

How many times have family or friends outside of the auto industry asked you why they’re receiving numerous phone calls about a vehicle warranty? Well, the Federal Trade Commission (FTC) might be taking action in federal court against one of ... [Read More]

McGlinchey Stafford recently announced the addition of three new members of the firm, all of whom were formerly of counsel at the firm. The three new members include: • Mikelle Bliss (commercial litigation, New York) • Lynette Hotchkiss (consumer financial services ... [Read More]

Carleton recently welcomed a new executive who possesses vast experience with multiple automakers. The provider of accurate and compliant lending calculations and document generation solutions announced the addition of Mark Futa as vice president of sales and marketing to be ... [Read More]

Late last month, the three nationwide consumer reporting companies — Equifax, TransUnion and Experian — announced that they would allow people to check their credit reports for free once a week through December. And coinciding with that decision, the Consumer ... [Read More]

Automotive Personnel founder Don Jasensky now has run his own executive search firm to help finance companies and dealerships for 33 years. And during the past couple of years, Jasensky has seen some of the most dramatic changes with how ... [Read More]

While mentioning an overall uptick in products being used by consumers falling into the non-prime credit category, the auto portion of TransUnion’s Q4 2021 Quarterly Credit Industry Insights Report (CIIR) contained information and insights that finance companies might find encouraging. ... [Read More]

JM Family Enterprises tapped Eric Gebhard to be the company’s interim chief financial officer last May. On Wednesday, an executive Gebhard helped to recruit became the company’s permanent CFO. Taking on this role as well as holding the title of ... [Read More]