Auto Finance News

Auto Remarketing AR Canada Subprime News BHPH Report Auto Fin Journal
EMAIL SIGNUP CMG PREMIUM LOGIN
X
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

Lenders Protection Partners with AmTrust to Help Credit Unions Approve More Non-Prime Auto Loans

Nick Zulovich
AUSTIN, Texas — Open Lending, the parent company of Lenders Protection, announced it has teamed up with the insurance carriers of AmTrust Financial Services, which will become the insurance provider for the Lenders Protection program. Basically, the program allows credit unions to ... [Read More]

AOL Autos: Credit Unions Try Unique Ways to Re-enter Leasing Business

Nick Zulovich
DETROIT — AOL Autos recently took a look at how credit unions are coming back into the business of leasing vehicles. While the analysis concedes credit unions usually can't compete with heavily subsidized leases put out by automakers, some organizations are ... [Read More]

Friendly Finance, OnlineBKmanager.com Unite on Marketing Plan to Reach Bankrupt Buyers

Nick Zulovich
BALTIMORE — Friendly Finance Corp. and OnlineBKmanager.com are teaming up for a marketing campaign aimed at registering more franchise and independent dealers that often cater to subprime customers who already have filed bankruptcy. Friendly Finance noted that it began work in ... [Read More]

First Investors More than Quadruples Year-over-Year Originations

Nick Zulovich
HOUSTON — Sharing its first-quarter results, First Investors Financial Services announced a decrease in net income largely due to a decline in interest income that was the result of a drop in the average portfolio outstanding, in addition to lower revenues from ... [Read More]

Ally Bank Launches New Marketing Campaign

Nick Zulovich
MIDVALE, Utah — Ally Bank kicked off a new marketing campaign this week that highlights its customers' strong satisfaction with the institution's services. In fact, the new campaign points to the institution's "open dialogue, cutting-edge products and customer-friendly services," according to ... [Read More]

Credit Acceptance Announces Revolving Warehouse Facility Extension

Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance executives revealed recently an extension has been granted on their $75 million revolving secured warehouse facility. The company indicated the date on which the facility will cease to revolve was moved from Aug. 31, 2011 to ... [Read More]

AmeriCredit Reveals Another Securitization

Nick Zulovich
FORTH WORTH, Texas — On Wednesday, AmeriCredit announced the pricing of an $850 million offering of auto asset-backed securities through lead managers Barclays Capital, UBS Investment Bank and Wells Fargo Securities. Co-managers include Credit Suisse, J.P. Morgan and RBS. AmeriCredit plans ... [Read More]

Next Week’s DealerTrack Webinar to Discuss Next Wave of Financial Reform

Nick Zulovich
LAKE SUCCESS, N.Y. — With the depth of more federal financial reform still unclear, DealerTrack is devoting part of its upcoming Webinar to discuss how new regulations might affect dealers. DealerTrack experts plan to examine the reform President Obama signed this summer ... [Read More]

Chevy Chase Bank Becomes Capital One Bank This Week

Nick Zulovich
McLEAN, Va. — Chevy Chase Bank, which is the ninth-largest largest bank in the country based on deposits, is rebranding to Capital One Bank this week. With the largest network of branches and ATMs in the Washington, D.C., area, Capital One said it ... [Read More]

Southern Calif. Auto Lender Gains Credit Facility from Wells Fargo

Nick Zulovich
DES MOINES, Iowa — Wells Fargo Preferred Capital recently provided a revolving credit facility to K STReet Finance, a indirect auto finance lender that serves dealerships in southern California. Officials said the total amount of the credit facility came in at ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X