FI showroom red and grey logo
MenuMENU
SearchSEARCH
Enter keywords to search across all content
NewsApril 24, 2014

14 Credit Unions to Participate in Nonprime Pilot Program

Fourteen credit unions across the country are participating in a product incubator for Non-Prime Auto Loans, one of five products in the Filene Research Institute’s accessible financial services incubator funded by the Ford Foundation.

Read More →
ArticlesApril 7, 2014

Clouds Part for Auto Finance

The unusually cold weather that impacted much of the economy didn’t slow down the auto finance industry, which reached new highs in several critical metrics.

Read More →
NewsApril 3, 2014

Web Exclusive: Capital One Exec Discusses Market Competition, Budding Lender Strategy

Capital One’s Sanjiv Yajnik says ‘imitation is the best form of flattery’ in describing recent moves by competitors to adopt a strategy the bank rolled out in 2010.

Read More →
Ad Loading...
Newsby Brittany-Marie SwansonMarch 11, 2014

Lawmakers Question CFPB’s Internal Management Practices

Three Republican lawmakers are requesting information from the CFPB regarding employee performance reviews after reports surfaced last week about possible racial disparities related to its internal management practices.

Read More →
NewsJanuary 2, 2014

Dealer Capital Launches New Auto Loan Purchase Program

Dealer Capital is launching a new auto loan purchase program. The rollout is nationwide and aims to cover most sizes and types of auto portfolios.

Read More →
NewsDecember 10, 2013

GrooveCar Direct Partners With Credit Unions

GrooveCar Direct has partnered with MIDFLORIDA Credit Union and Tuscaloosa Teachers Credit Union. The two credit unions will take advantage of the buying resource's suite of products to grow auto originations.

Read More →
Ad Loading...
NewsDecember 5, 2013

Experian: Auto Loan Interest Rates Fall to All-Time Low

According to the latest report from Experian Automotive, interest rates for auto loans fell to an all-time low in the third quarter, while the average amount financed reached its highest level since 2008.

Read More →
NewsNovember 26, 2013

J.D. Power: Lender Service Determines Customer Satisfaction With Financing

Lenders that provide excellence in the servicing and onboarding experiences from the beginning of the loan or lease process set the stage for customer satisfaction throughout the financing duration, according to the J.D. Power 2013 U.S. Consumer Financing Satisfaction Study.

Read More →
NewsNovember 14, 2013

Auto Loan Balances at All-Time High, Experian Automotive Reports

In the third quarter, outstanding balances on automotive loans reached $782.9 billion, up $103 billion from the third quarter 2012.

Read More →
Ad Loading...
NewsOctober 29, 2013

TFS Gives Toyota Leg Up on GM, Ford

Toyota’s captive finance arm has been able to draw a wider range of customers through no-interest loans and low-cost leases, thanks to its automaker’s AA-credit rating and $95 billion in assets, Bloomberg reports.

Read More →