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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

CAR Financial Expands Midwest Operations

Nick Zulovich
ATLANTA — CAR Financial Services, a provider of capital and cash-flow solutions to buy-here, pay-here dealers, is broadening its Midwest presence. With plans to open an office in Kansas City, Mo., the company already has added Bob Coon as a territory ... [Read More]

Nicholas Financial Weighs Selling Company, Other Strategic Alternatives

Nick Zulovich
CLEARWATER, Fla. — After receiving interest from a third party about potentially acquiring the company, Nicholas Financial announced this week that its board of directors has retained advisors to help evaluate potential strategic alternatives. These alternatives include the possible sale of the ... [Read More]

RoadLoans.com Launches Car Financing App for iPhone

Nick Zulovich
DALLAS — Santander Consumer USA, owner of the RoadLoans.com brand, announced this week it has released an iPhone application for consumers shopping for vehicles. The new app is available for free for download from iTunes or RoadLoans.com. The iPhone Car Loan ... [Read More]

Westlake Expects Auction Prices on Older Models to Remain Strong

Nick Zulovich
LOS ANGELES — Bill Walters, vice president of remarketing at Westlake Financial Services, recently summed up some of the trends his company has been witnessing in the market. While the industry as a whole has been seeing higher prices in the ... [Read More]

Exeter Adds Chief Marketing Officer

Nick Zulovich
IRVING, Texas — Exeter Finance Corp. announced this week that it has appointed an industry veteran to serve as its executive vice president and chief marketing officer. Taking on this position is Elizabeth Webb. She will oversee new business development, brand ... [Read More]

Fed: Average New-Car Interest Rate Average Moves Higher Still

Nick Zulovich
WASHINGTON, D.C. — The upward march by the average interest rate on new-car loans at auto finance companies reached five months in a row in November, according to the Federal Reserve. Officials indicated the November average crept up to 4.63 percent ... [Read More]

DealerTrack to Acquire triVIN Holdings

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack Holdings revealed Monday it has signed an agreement to acquire triVIN Holdings, a provider of title management services to lenders and vehicle registration services to dealers.  DealerTrack executives said they will pay approximately $131 million, net ... [Read More]

ABI: 2010 Consumer Bankruptcy Filings Soar Past Previous Year’s Total

Nick Zulovich
ALEXANDRIA, Va. — The American Bankruptcy Institute tallied up total U.S. consumer bankruptcies for 2010 and found a rise of 9 percent from the previous year. According to data from the National Bankruptcy Research Center, ABI revealed overall consumer filings for ... [Read More]

Mercedes-Benz Financial Completes First Phase of Instant Contract Validation Rollout

Nick Zulovich
FARMINGTON HILLS, Mich. — Mercedes-Benz Financial Services shared an update Thursday about its eStrategy initiative — a process to boost the number of franchise dealers that are eligible to integrate a full electronic contract data validation system into their dealer management system. ... [Read More]

GWC Warranty, Tidewater Motor Credit Partner to Benefit Dealers & Used-Vehicle Buyers

Nick Zulovich
AVOCA, Pa. — A recent partnership between GWC Warranty Corp. and Tidewater Motor Credit means the subprime lender can now offer exclusive vehicle service contracts through its dealers to give used-vehicle buyers that added peace as mind, as well as an ... [Read More]

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