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July 20, 2017 - Industry News

Credit Tightening at Wells Fargo to Continue Into 2018

Wells Fargo President and CEO Timothy Sloan

With second quarter originations plunging 45% from a year ago on tightening underwriting standards, bank execs said they expect originations to continue falling for the rest of the year before stabilizing in the first half of 2018.

Tags: auto finance, car loan, F&I office, Wachovia Dealer Services, Wells Fargo Dealer Services

February 14, 2013 - Industry News

Missouri Man Charged in Million Dollar ID Theft Scam

Missouri Attorney General Chris Koster and Jackson County Prosecutor Jean Peters Baker charge man in million-dollar identity-theft scam involving fraudulent car loans. If convicted, the man could face life in prison.

Tags: Attorney General, auto loan, car loan, charge, Chris Koster, fraud, identity theft, Missouri, prison, scam

August 9, 2012 - Industry News

U.S. Banks Loosen Terms on Business, Car Loans

U.S. banks are responding to increased demand for credit by relaxing guidelines on car loans and credit cards, the Federal Reserve reports.

Tags: Auto Loans, Barclays Capital, car loan, Federal Reserve, Joseph LaVorgna, Peter Newland

June 19, 2012 - Industry News

WordPress Releases Car Loan Calculator Widgets and Plugins

Car dealers and small lenders can now add value to their websites with the recently upgraded free loan widgets and new WordPress Plugins from CarLoanCalculator.me.

Tags: car loan, CarLoanCalculator, lenders, plugins, widgets, WordPress

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