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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

CNW: 2010 BHPH Sales Likely to Soar to 2.37 Million

Nick Zulovich
BANDON, Ore. — According to CNW Research's Art Spinella, tough economic times are dramatically driving up the growth of buy-here, pay-here lots throughout the country. "Back in the day, such operations were typically small, dusty outlets with marginal vehicles where a ... [Read More]

PAR, SWBC Partner to Bring Remarketing, Repo Offerings to Credit Unions

Nick Zulovich
CARMEL, Ind. — On Monday, ADESA announced that its subsidiary, PAR North America, has teamed up with SWBC to bring credit unions a suite of automotive asset risk and account management services. SWBC is one of the nation's largest privately held ... [Read More]

Edmunds.com: Average Vehicle Loan Interest Rate Drops to Record Low

Nick Zulovich
SANTA MONICA, Calif. — Edmunds.com analysts discovered that the average automobile finance rate in March dropped to the lowest level since they began tracking records back in 2002. The site indicated that the average rate last month dropped to 4.4 percent. Meanwhile ... [Read More]

AFSA Launches Revamped Web Site

Nick Zulovich
WASHINGTON, D.C. — The American Financial Services Association launched a revamped Web site this week, that in addition to a new look, also includes a number of new features. "I'd like to point out some of the most useful features. The ... [Read More]

Wolters Kluwer Broadens Arrangement with First Advantage CREDCO

Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services and First Advantage CREDCO recently expanded their relationship to reach more dealers in the non-automobile market segment. Executives highlighted that marine, recreational vehicle, motorcycle and powersports dealerships now can acquire credit reports through ... [Read More]

Chase Grows Auto Originations

Nick Zulovich
NEW YORK — In reporting its first-earnings, Chase announced that auto originations are up both year-over-year and quarter-over-quarter. According to officials, the "increase is driven by market share gains in prime segments and new manufacturing relationships." More specifically, auto originations are ... [Read More]

DealerTrack Financing Source Network Hits New Threshold

Nick Zulovich
LAKE SUCCESS, N.Y. — DealerTrack announced this week that its number of active financing sources connected to its network reached a new threshold. Company executives highlighted that the figure now stands at 850, including GMAC Financial Services. The company reiterated that ... [Read More]

Updated: GMAC’s Head of Global Automotive Services Slated to Retire

Nick Zulovich
DETROIT — A 27-year veteran of GMAC Financial Services and its former parent General Motors, Bill Muir, head of the company's global automotive services, announced his intention Monday to retire within the next year. Muir will continue in his current role until ... [Read More]

Mercedes-Benz Financial Launches iPad App for Customers

Nick Zulovich
FARMINGTON HILLS, Mich. — Mercedes-Benz Financial announced it has received approximately $2.5 million in payments from customers via their mobile devices since launching its iPhone app last October. Given this success, the company has decided to launch an iPad app as ... [Read More]

Nationwide Acceptance Opens Division to Provide BHPH Credit Lines to Dealers

Nick Zulovich
CHICAGO — Nationwide Acceptance Corp. announced late last week that it has opened a new division that will specialize in providing credit lines to buy-here, pay here dealers in the markets the company serves. Asset-backed senior credit lines are available from ... [Read More]

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