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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

USAA Members Can Now Save Thousands on Mercedes-Benz Purchase

Nick Zulovich
SANTA MONICA , Calif., and SAN ANTONIO, Texas — Zag.com recently announced it has reached an agreement with Mercedes-Benz USA to offer additional savings of up to $5,000 off the price of new Mercedes-Benz car purchases to USAA Members. This is ... [Read More]

FinCo’s Buy-Here, Pay-There Program Now in 30 States

Nick Zulovich
MARBLEHEAD, Mass. — FinCo Management's BuyHere-PayTHERE program has now rolled out to 30 states, including Florida, Texas and California. Officials said BHPT is a complete system which allows auto and powersports dealers and dealer groups to approve and finance their ... [Read More]

MILES Site Gets New Look

Nick Zulovich
LEXINGTON, Ky. — Dealers' Financial Services announced it recently revamped its MILES site to improve functionality for dealerships and active duty military customers. The site, www.usmiles.com, is now updated to help take the MILES Program "to the next level" with upgraded ... [Read More]

Toyota Rolls Out Special Lease Rates to Further Entice CARS Customers

Nick Zulovich
TORRANCE, Calif. — To better entice customers into dealerships and complement the recently launched CARS program, Toyota announced that consumers can obtain special lease options on vehicles that qualify for the CARS program. Regionally, consumers can apply their CARS rebates toward ... [Read More]

Capital One Auto Finance Grows 2Q Net Income, Further Reduces Originations

Nick Zulovich
McLEAN, Va. — Capital One Auto Finance has continued to reduce originations as the company responds to the turbulent economic environment. On the positive side, the business unit bolstered its net income from continuing operations. Originations came in at $1.342 billion ... [Read More]

Fed Launches New Survey to See How Recession Impacted Households

Nick Zulovich
WASHINGTON, D.C. — The Federal Reserve Board announced Monday that it will soon begin a statistical study of household finances to update data collected at the outset of the economic downturn that began in late 2007. The 2009 Survey of Consumer ... [Read More]

Ford Credit Back in the Black But Expects Second Half to Show Less Strength

Nick Zulovich
DEARBORN, Mich. — In a positive turn of events, Ford Credit announced today that it has posted net income of $413 million for the second quarter, a significant improvement of $1.8 billion from a net loss of $1.4 billion last year. ... [Read More]

Infiniti Launches Special Summer Financing/Lease Rates

Nick Zulovich
FRANKLIN, Tenn. — Infiniti announced this week that it is now it is running special leasing and financing terms through Aug. 31. The automaker is offering zero percent financing on select 2009 models. Additionally, special lease rates are also available. For example, a lease on the 2009 ... [Read More]

Prestige Financial Names Executive VP of Ops

Nick Zulovich
SALT LAKE CITY — Prestige Financial Services recently named an executive vice president of operations. Promoted to this position is Rich Hyde. In this role, Hyde will oversee loan servicing, operations policy and client special situations for the Salt Lake City-based ... [Read More]

XpressCredit’s Web Site Gets a Makeover

Nick Zulovich
SYRACUSE, N.Y. — XpressCredit announced the introduction of a redesigned Web site with a more streamlined navigation flow and more comprehensive information on the company's product offerings. In addition to an entirely new look, some features of the new site, which ... [Read More]

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