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

Bankruptcy Filings Climb Over Last August

Nick Zulovich
ALEXANDRIA, Va. — Bankruptcy filings in August again increased over the same month in the prior year. However, on the brighter side, the number of filings was a decline from July. More specifically, the American Bankruptcy Institution reported 119,874 consumer bankruptcy ... [Read More]

AWARE: Transportation is Vital to Job Seekers

Nick Zulovich
WASHINGTON, D.C. — As many Americans this Labor Day deal with record high levels of unemployment, Americans Well-Informed on Auto Retailing Economics pointed out that the importance of transportation when looking for jobs is vital. The group went on to say ... [Read More]

Digital Recognition Network Partners with TFS to Recover Vehicles

Nick Zulovich
FORT WORTH, Texas — With many companies and reports finding that repossessions and defaults are on the upswing, recovering these vehicles has become even more important to lessening charge-offs and bolstering bottom lines. To help recover these vehicles, Toyota Financial Services recently ... [Read More]

TransUnion: Annual Auto Loan Delinquencies Continue Climb

Nick Zulovich
CHICAGO — TransUnion.com discovered that the national 60-day auto delinquency rate declined between the first and second quarter from 0.83 percent to 0.73 percent. However, the annual delinquency rate was another story. The company reported that the annual rate climbed 7.35 ... [Read More]

BMW Financial Teams Up with Chordiant to Improve Collections

Nick Zulovich
CUPERTINO, Calif. — In tough economic times, customers can get behind or become unable to make payments. Walking the line between getting the customer current and keeping him willing to pay and hurting the relationship can be tricky.  With Chordiant Software's ... [Read More]

RouteOne Completes Westlake Integration

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne recently announced that it has completed integration with California-based Westlake Financial Services. Westlake funds contracts through a network of more than 5,000 new and used dealerships throughout the United States. It is the financial services arm ... [Read More]

Louisiana-Based Credit Union Partners with AppOne

Nick Zulovich
BATON ROUGE, La. — Wolters Kluwer Financial Services has gained another partner that will use its AppOne platform to provide indirect lending, credit approval and compliance processes to lenders and dealerships. The new partner is ASI Federal Credit Union, one of ... [Read More]

CNW: Average FICO Dips, More Women Turn to Plastic for Down Payments

Nick Zulovich
BANDON, Ore. — CNW Research discovered that as banks, captives, credit unions and others tried to leverage the Cash for Clunkers, they allowed average FICO scores to dip. More specifically, the average FICO score, including cash, finance and lease customers, came ... [Read More]

Repossessions: What’s the Alternative?

Nick Zulovich
SARASOTA, Fla. — In this difficult economy, more and more customers are struggling to make their buy-here, pay-here car payments. Repossessions are occurring at record levels as customers are simply surrendering their vehicles and walking away from the balance on their ... [Read More]

Fitch Ratings Revises Outlook for Ford and Ford Credit

Nick Zulovich
CHICAGO — In a positive turn, Fitch Ratings announced it has revised its ratings outlook on Ford and Ford Credit from "Negative" to "Stable." Additionally, the company said the issuer default rating for Ford has been affirmed at "CCC." Fitch officials ... [Read More]

Med Rec 1

MedRec 2

MedRec 3

Filmstrip

Digital Edition Ad

Offerings

X