Another executive who spent time at EFG Companies now is a part of the leadership team at AutoPayPlus by US Equity Advantage. The provider of biweekly payment processing announced through a news release on Monday that Hollis Goode has joined ... [Read More]

On Monday, StoneEagle announced the promotion of one of its executives to be its new chief operating officer. Selected for this role for the provider of automotive menu, F&I and service metrics is Damar Christopher, who will work cross-functionally to ... [Read More]

In a move that became effective on the first day of 2022, Hudson Cook promoted two of its attorneys to equity partners of the firm that serves dealerships and finance companies. According to a news release, the firm’s two newest ... [Read More]

Monthly payments for both used- and new-vehicle financing is projected to break records, according to data gathered and tracked by Edmunds. [Read More]

Scores of consumers now are leveraging Buy Now, Pay Later (BNPL) offerings by some retailers. To help auto finance companies evaluate applicants who might have BNPL commitments during the underwriting process, Equifax recently announced that the company is furthering its ... [Read More]

The first business day of 2022 included an acquisition involving two firms focused on getting payments for their automotive clients as well as customers in other industries. Repay Holdings Corp. (REPAY), a provider of vertically-integrated payment solutions, on Monday announced ... [Read More]

National Auto Care (NAC) made one more acquisition before closing out 2021. Capping a string of moves throughout the year, NAC senior vice president of mergers and acquisitions Courtney Hoffman announced that the company — which provides  F&I products, administration, ... [Read More]

Experts from Kroll Bond Rating Agency (KBRA), S&P Dow Jones Indices and Experian all noticed some deterioration in auto finance performance before 2021 finished. Released four days before Christmas, data through November for the S&P/Experian Consumer Credit Default Indices showed ... [Read More]

John Stephens is bringing more than 30 years of automotive experience to AutoPayPlus by US Equity Advantage. The biweekly payment processing provider announced this week that Stephens has joined the company as chief sales officer. Most recently, Stephens served as ... [Read More]

Cox Automotive chief economist Jonathan Smoke again offered context about the potential influence on auto financing that the Federal Reserve last policy action of the year might have. On Wednesday, the Federal Open Market Committee decided unanimously to keep the ... [Read More]