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Deeper dive into rising LTVs with TransUnion’s Satyan Merchant
One of the notable findings from TransUnion’s Q2 2026 Credit Industry Insights Report (CIIR) was how much loan-to-value ratios have changed in the past five years. Satyan Merchant, one of this year’s Automotive Intelligence Award recipients and senior vice president ... Listen Here
PayNearMe chief product officer John Minor on intersection of payments & technology
PayNearMe recently shared new search, explaining that hidden costs sustained by auto lenders can show up as failed payments, borrower support calls, late payments, collections follow-up, reconciliation work and manual recovery effort. PayNearMe chief product officer John Minor elaborated about ... Listen Here
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

Manheim: 2010 Consumer Credit Conditions Aided BHPH Market, More

Nick Zulovich
ATLANTA — Findings contained within Manheim's annual Used Car Market Report insisted buy-here, pay-here dealer sales rebounded faster than the overall market last year. Why? Officials believe that although credit loosened in the subprime segment in 2010, BHPH dealerships often ... [Read More]

One of DealerTrack’s New Initiatives Allows Dealers to Pre-Qualify Consumers for Auto Loans

Nick Zulovich
SAN FRANCISCO — At the National Automobile Dealers Association's Convention over the weekend DealerTrack unveiled several new initiatives, including a new tool within its CreditOnline solution for dealer websites that allows consumers to submit credit applications, giving dealers the opportunity to ... [Read More]

Experian Data Shows Ally Tops 2010 New-Vehicle Financing Volume

Nick Zulovich
DETROIT — Experian Automotive's AutoCount data revealed Ally Financial financed more consumer new-vehicle purchases in the U.S. than any other lender last year. All told in 2010, officials discovered Ally financed more than 803,000 new-vehicle purchases, resulting in nearly $23 ... [Read More]

SBA Relaunches Dealer Floor Plan Pilot Loan Program

Nick Zulovich
WASHINGTON, D.C. — U.S. Small Business Administration officials announced at the National Automobile Dealers Association's convention this weekend that a pilot loan program aimed at increasing access to inventory financing for auto, boat, RV and other dealerships will be relaunched Wednesday. ... [Read More]

Credit Acceptance Finishes 2010 with Strong Income Gains

Nick Zulovich
SOUTHFIELD, Mich. — A continued run of stable returns pushed Credit Acceptance Corp. to significant gains in both consolidated and adjusted net income during the fourth quarter and for all of 2010. First looking at just the fourth quarter, Credit ... [Read More]

Santander Launches Redesigned RoadLoans.com

Nick Zulovich
DALLAS — Announcing that consumers submitted more than 1 million online applications to RoadLoans.com last year, Santander Consumer USA launched an updated version of the website this week. The company explained this next-generation version contains an abundance of online tools geared to ... [Read More]

DealerTrack Finalizes Integration with Porsche North America

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced Thursday it completed the integration of its dealer management system with Porsche Cars North America operations and received the automaker's integrated partner certification. As a result of this integration, officials pointed out nearly 200 ... [Read More]

ABI: January Consumer Bankruptcies Drop to Lowest Level in Two Years

Nick Zulovich
ALEXANDRIA, Va. — Along with sharing poll results that feature expectations for the current fiscal year, the American Bankruptcy Institute revealed January consumer bankruptcies decreased 22 percent nationwide from December. Based on data from the National Bankruptcy Research Center, ABI ... [Read More]

Non-prime Boat, RV & Motorcycle Lender Adopts AppOne Platform

Nick Zulovich
BATON ROUGE, La. — A lender that provides boat, RV and motorcycle loans for customers with past credit problems recently joined Wolters Kluwer Financial Services' AppOne platform. Officials explained Merrick Bank works closely with dealers to help them retain valuable ... [Read More]

Ally Financial’s 4Q and 2010 Auto Originations Soar

Nick Zulovich
NEW YORK — Ally Financial's chief executive officer described 2010 as a "transformative" year for the company. And one of its key business segments, Global Automotive Services, showed significant growth in preliminary fourth-quarter and full-year originations in the U.S. and throughout ... [Read More]

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