GrooveCar recently highlighted credit unions from 14 different states joined its online vehicle buying program during the fourth quarter. GrooveCar, which provides credit union partners with continuous support services, market consulting, marketing collateral support to optimize communications with members and ... [Read More]

Well, here is an interesting twist, since probably the last thing that auto finance companies or dealerships feel if they’ve been contacted by the Consumer Financial Protect Bureau is that they’ve won the lottery. There have been several times that ... [Read More]

Coming on the same day KAR Auction Services named a new president at ADESA, another business unit within the company made a trio of promotions. PAR North America, a leading U.S. provider of vehicle transition services with coast-to-coast solutions for ... [Read More]

Investment firms continue to push funds into the auto finance space. Not long after defi SOLUTIONS landed $55 million, Innovate Auto Finance — a purchaser and servicer of automobile loan portfolios and provider of line-of-credit financing — said it has ... [Read More]

DriveTime might be still searching for a new chief executive officer, but the retailer that specializes in working with consumers with soft credit now has more resources for originations. Ally Financial on Wednesday announced that it has entered into an ... [Read More]

Digital Recognition Network (DRN) is finding plenty of work for repossession agents to do, and it’s resulting in record recoveries for auto finance companies. DRN highlighted on Tuesday that its active hotlist hit an all-time high of 360,000 license plate ... [Read More]

Boosting its workforce worked out nicely for CRIF Select. CRIF Select, a division of CRIF Lending Solutions and provider of indirect auto finance partner programs, announced on Wednesday that the company surpassed $3.7 billion in funded paper volume for 2017. ... [Read More]

F&I software provider Darwin Automotive announced on Tuesday that it has integrated smart disqualify technology into its F&I platform that can disqualify products based on Military Lending Act (MLA) qualifications. The company said this technology is incorporated into the platform ... [Read More]

In combing through the Federal Register this week, the National Automobile Dealers Association found that the Federal Trade Commission recently announced increases to various civil penalties amounts within its jurisdiction to adjust for inflation. In particular, that could be associated ... [Read More]

LendingTree released findings of its study on which brands buyers who secure financing are stretching the most to afford. The company acknowledged financing a vehicle is one of the more significant financial decisions Americans make, and even those who try ... [Read More]