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Auto Finance

News•by Staff•March 12, 2019

PassTime Completes AFS Dealers Integration

PassTime and AFS Dealers have completed a software integration designed to allow BHPH and LHPH dealers to manage multiple facets of their businesses on one interface.

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Articles•March 7, 2019

AFSA 2019: We See Some Weakness

Speakers at the American Financial Services Association’s 2019 conference brushed off any suggestion of a recession striking the U.S. economy this year but admitted affordability, rampant fraud, and new regulatory concerns could create headwinds.

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News•by Staff•March 5, 2019

truPayments Joins CDK Global Partner Program

truPayments has joined CDK’s Global Partner Program, giving dealers with CDK websites access to its tru Shop-by-Payment solution.

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Photo Galleries•by Staff•February 28, 2019

Top 10 Lease Vehicles

Experian’s Q4 auto finance report lists America’s top 10 lease vehicles by market share, including one domestic SUV that captured nearly 4% of all new leases at the end of 2018.

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News•by Staff•February 28, 2019

Experian: 30-Day Delinquencies Fell in Q4

Despite concerns over affordability and a growing 90-day delinquency rate, Experian’s fourth-quarter report signals a continued reliance on auto financing is stabilizing the market.

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News•by Tariq Kamal•February 25, 2019

Fed: Auto Finance Hit New Highs, Lows in Q4

Concerns over subprime lending and 90-day delinquencies offset an otherwise prosperous year for the auto finance industry.

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News•by Tariq Kamal•February 21, 2019

US Auto Loans Reach $1.14 Trillion

Lending Tree’s most recent auto finance snapshot finds originations, amounts financed, and monthly payments all accelerated in 2018.

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Articles•by Tariq Kamal•February 18, 2019

Q&A: You Call This a Refund?

New IRS rules have sparked a downward trend in refund amounts, threatening the loss of an annual catalyst for used-car sales.

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News•by Staff•February 8, 2019

Swapalease: Apps, Approval Rates Fell in January

Swapalease.com registered a slight dropoff in credit applications in January, coinciding with the marketplace’s lowest approval rate since May 2018.

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Articles•February 5, 2019

Subprime Auto Lending Hits 11-Year Low

The third quarter of 2018 saw an alarming plunge in lending to subprime and deep-subprime customers, falling to 21% of all auto loans as banks and finance companies continue to favor the upper credit tiers.

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