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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

National Full-Spectrum Auto Lenders Find Market Challenging

Nick Zulovich
McLEAN, Va. — The slower economy, which has strained consumer finances and the credit environment has impacted three of the national full-spectrum auto lenders. In fact, all reported that their auto finance business struggled. Giving an overview of Capital One's business, ... [Read More]

PIN: Federal Rate Cut May Ignite More Captive Incentives

Nick Zulovich
WESTLAKE VILLAGE, Calif. — The recent decrease in the Federal Bank Reserve rate may ultimately lead to more market demand as annual percentage rates for captives and non-captives drop to reflect the change, according to Power Information Network, an affiliate of ... [Read More]

More Small Dealerships Seek Higher Credit Lines

Nick Zulovich
NORTHFIELD, Ill. — A recent poll by the Small Business Research Board indicates that more dealers are seeking to increase their lines of credit this year, with almost one-third saying they expect to ask their principal lenders to raise loan limits. ... [Read More]

Finance Express Adds Two New Subprime Lenders to Platform

Nick Zulovich
RANCHO SANTA MARGARITA, Calif. — Finance Express recently announced the addition of two more subprime lenders to its platform. Barnett Finance currently serves North Carolina and Virginia and said it has plans to expand to other states in the near future. ... [Read More]

Credit Acceptance Reports Modification to Line of Credit

Nick Zulovich
SOUTHFIELD, Mich. — Credit Acceptance Corp. recently announced that it has increased the amount of its line of credit facility with a commercial bank syndicate from $75 million to $133.5 million. In addition, officials said the maturity of the line of ... [Read More]

Compli Reaches New Milestone Thanks to Dealers

Nick Zulovich
PORTLAND, Ore. — Compli recently announced that its dealer clients have surpassed 2.1 million processed policies, trainings and assessments on its dealership compliance management system. "We are pleased to arrive at this milestone, which is a remarkable 100-percent annual increase for ... [Read More]

Ford Credit Explains Reasons for Year-Over-Year Net-Income Decline

Nick Zulovich
DEARBORN, Mich. — This morning, Ford Motor Credit Co. reported that its net income for 2007 was down by $508 million when compared with 2006. Overall, net income came in at $775 million for the year, compared with $1.283 billion a year earlier. ... [Read More]

In Preparation of Going National, Resurgent Auto Finance Applies Fiserv Services

Nick Zulovich
BROOKFIELD, Wis. — Fiserv recently announced that non-prime lender Resurgent Auto Finance is now utilizing Fiserv Automotive Solutions' loan origination system and decisioning technology. Resurgent Auto Finance, based in Greenville, S.C., was established in September 2007. It specializes in providing funding ... [Read More]

Economic Troubles Force AmeriCredit to Reevaluate

Nick Zulovich
FORT WORTH, Texas — Higher-than-anticipated credit losses in AmeriCredit's subprime and near-prime portfolios, compounded by weaker recovery rates, are leading the company to trim dealer relationships, tighten lending requirements, reduce expected originations and cut staffing. Basically, the company is reevaluating its ... [Read More]

U.S. Bank, Union Bank & Trust Join RouteOne’s Platform

Nick Zulovich
FARMINGTON HILLS, Mich. — RouteOne announced Monday that U.S. Bank, the sixth largest commercial bank in the United States, has joined its increasing list of finance sources on its Web-based credit application management system. U.S. Bancorp, with $238 billion in assets, ... [Read More]

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