May opened with a pair of economic updates that should be pleasing to dealerships and finance companies with interest rates remaining steady and unemployment declining. The developments came in light of the Federal Reserve chairman refuting thoughts that policymakers are ... [Read More]

This week, AUL Corp. launched a new suite of F&I products. President and chief executive officer Jimmy Atkinson described the offering as giving dealers “a one-stop shop for all of their F&I needs.” AUL’s collection of products now includes: • ... [Read More]

Perhaps the auto-finance applicant who arrives through a dealership website portal and eventually lands in your company’s underwriting department might have a more robust file, thanks to enhanced efforts from Experian. As part of its global commitment to financial inclusion ... [Read More]

With U.S. House lawmakers set to conduct a hearing on Wednesday to examine the rising costs and potential discrimination happening in auto financing, the April data shared by Edmunds and Kelley Blue Book showed how much more consumers stretched to ... [Read More]

After reviewing first-quarter data connected with U.S. subprime auto loan asset-backed securities (ABS), S&P Global Ratings discovered cumulative net losses appear to have stabilized, albeit at “relatively high levels,” according to its newest report released on Tuesday. On a segment ... [Read More]

More accolades went Hudson Cook’s way as three members of its legal team collected honors from the 2019 Chambers USA Guide. Michael Benoit, Nikki Munro and Jean Noonan were recently ranked in the 2019 Chambers USA Guide for Financial Services ... [Read More]

Officials from 700Credit, which provides credit reports, compliance solutions and soft-pull products and services, recently finalized another integration aimed at streamlining delivery to be as fast as the weekend toys that powersports dealers sell. AppOne integrated 700Credit’s credit and compliance ... [Read More]

PossibleNOW reinforced its compliance resources this week that could benefit the marketing efforts and dealerships and finance companies. The provider of Do Not Contact direct marketing compliance and enterprise consent and preference management solutions, announced the acquisition of the Professional ... [Read More]

Faulkner Honda recently reached a settlement that includes restitution for consumers for what Pennsylvania attorney general Josh Shapiro described as deceptive and unfair sales of a “valueless” warranty product. According to a news release, an investigation by the attorney general’s ... [Read More]

Perhaps reinforcing an outline shared during the director’s public appearance just a few days earlier, the Consumer Financial Protection Bureau this week announced changes to policies regarding civil investigative demands (CIDs). The regulator said the actions are designed to ensure ... [Read More]