Coming on the heels of brokering an expanded relationship with Ally Financial for its floor-plan financing, Carvana recently teamed up with Delta Community Credit Union, one of Georgia's largest credit unions. By working with online vehicle retailer Carvana, Delta Community ... [Read More]

A recent TransUnion survey found that three in four lenders said it is increasingly difficult to find and acquire new customers. Meanwhile, nearly 75 percent of respondents acknowledged they are challenged by a continued low interest rate environment, which is ... [Read More]

Continuing a three-decade relationship of supporting the auto financing endeavors of its credit union partners, Enterprise Car Sales calculated that it generated close to $500 million in loan volume to nearly 28,000 credit union members during 2015. Officials highlighted recent ... [Read More]

Finance and insurance product provider Wise F&I integrated with Dealertrack Technologies this week in an effort to provide dealerships real-time access to Wise F&I products for price quotes and the electronic contracting of aftermarket products through the Dealertrack Aftermarket Network. ... [Read More]

Carleton Lending Solutions, a provider of compliant loan calculation and document generation software, recently rolled out its next generation suite of tools, including CarletonCalcs, CarletonDocs, CarletonAccess and CarletonAudit.  Carleton highlighted that its solutions incorporate the latest upgrades to the firm’s ... [Read More]

White Clarke Group cautioned auto finance companies that they will face “enormous” changes in the way they operate in 2016. Why? Analysts said this week that finance companies will see challenges that are driven by an explosion of innovation resulting ... [Read More]

FactorTrust finalized a partnership with Equifax on Tuesday to provide its customers with an improved view of consumers’ ability to repay (ATR). Executives explained that the collaboration blends data from the alternative credit bureau with traditional credit data from one ... [Read More]

GWC Warranty introduced a new, modern and refreshed version of its website this week aimed to help dealerships sell more vehicle service contracts and related finance and insurance products. Highlighted by a renewed design that is designed to be easy ... [Read More]

As fourth quarter outstanding auto loan balances reached the highest level on record since Experian Automotive began publicly tracking the data in 2006, Melinda Zabritski reminded the industry how to view a slight uptick in 60-day delinquencies. According to its ... [Read More]

Credit Acceptance Corp. chief executive officer Brett Roberts sees only one scenario where the competition for auto financing originations will diminish. Until that condition ever arrives, Credit Acceptance still is adding contracts to its portfolio at a strong pace having ... [Read More]