Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
Matt Babcock of Wolters Kluwer on how digital transformation continues to gain steam in auto financing
Matt Babcock, who heads up digital lending product strategy for Wolters Kluwer, returned for another visit on the Auto Remarketing Podcast. Wolter Kluwer recently released its latest quarterly Auto Finance Digital Transformation Index. Babcock recapped the sustained upward trajectory the ... Listen Here
SPONSORED EPISODE: The Buy Online Shift & What Dealers Need to Know Now
In this sponsored episode of the Auto Remarketing Podcast, Cox Automotive’s Jeri Reichel joins us to speak to the evolving Buy Online experience. She shares more about how shopper expectations are changing and what dealers should understand and do as ... Listen Here
The Spark Between EVs & CPO
In light of electric vehicle maker VinFast launching a certified pre-owned program in the U.S., Auto Remarketing senior editor Joe Overby connects with leaders from the EV space to discuss why the segment is a natural fit for CPO and ... Listen Here

CFPB Bolsters Staff with 4 Additions

Nick Zulovich
WASHINGTON, D.C. — While the agency has yet to announce a replacement for the regulator who will oversee auto financing, the Consumer Financial Protection Bureau added four new staff members this week. Among the new additions, the CFPB tapped individuals ... [Read More]

Loeb & Loeb, CARS Offering Free CFPB Compliance Webinar

Nick Zulovich
LOS ANGELES — Loeb & Loeb in association with Consolidated Asset Recovery Systems (CARS) is offering a complimentary 60-minute webinar focused on compliance with Consumer Financial Protection Bureau mandates. The session titled, "Road Map to CFPB Compliance for the Auto ... [Read More]

TransUnion: Q2 Subprime Volume & Delinquencies Stay Nearly Steady

Nick Zulovich
CHICAGO — TransUnion spotted second-quarter trends that ought to make dealers and finance company executives who cater to customers with poor credit smile. Loans to subprime buyers are still being made at a steady pace while delinquencies on those contracts ... [Read More]

NABD Highlights Cajun Appeal, Early Bird Discount for East Coast Conference

Nick Zulovich
NEW ORLEANS — NABD is coming to the Big Easy. The National Alliance of Buy-Here, Pay-Here Dealers is having its first major event in New Orleans, and organizers of this year's East Coast BHPH Conference highlighted that early bird discounts ... [Read More]

AFSA Launches Compliance Committee

Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association contends the industry has been faced with a slew of new rules and regulations since the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act. To help its members prepare ... [Read More]

Potential Used-Car Buyers Still Struggling Economically

Nick Zulovich
ATLANTA — Manheim chief economist Tom Webb pointed to a series of summertime reports and other consumer trends that show middle-class and lower-income individuals — the primary potential buyers of used vehicles — are continuing to be pinched by a ... [Read More]

States with Highest & Lowest Average APR

Nick Zulovich
LOS ANGELES — Analysts from GoBankingRates.com sifted through reams of data from a host of different finance institutions and government agencies to determine the Top 10 states with the highest and lowest average APR for vehicle contracts. The lists represented ... [Read More]

Equifax Launches New Product to Provide Enhanced Consumer Credit Insights and Reduce Risk

Nick Zulovich
ATLANTA — This week, Equifax rolled out the availability of a new product, Equifax Dimensions, which can deliver what the company highlighted is a more in-depth picture of past credit behavior in order to better predict future credit trends.  Using ... [Read More]

Paymaxx Pro Integrates with AutoAction DMS

Nick Zulovich
SARASOTA, Fla. — Paymaxx Pro, a national automotive retail merchant services and payment processing firm, recently integrated its payment processing services with AutoAction, a product specifically catered to dealers in Texas. Executives highlighted the integration is geared to give dealers ... [Read More]

Lease Customer Credit Approvals Reach High for the Year

Nick Zulovich
CINCINNATI — Swapalease.com reported continued increases this year for customer credit approval on lease transactions through the end of July. According to website data, total year-to-date credit approvals stood at 75.6 percent through July, up from 73.9 percent through the ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X