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While the economy is beginning to show signs of recovery, many challenges remain for the vehicle finance industry. In response, the American Financial Services Association (AFSA) has assembled a powerful lineup for its 14th Annual Vehicle Finance Conference and Exposition, which will be held Feb. 10-12 at Walt Disney’s Yacht Club Resort in Lake Buena Vista, Fla.
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Experian's director of automotive credit says there were a few signs in the third quarter that automotive finance is on the rebound.
Read More →Automobile Consumer Services Inc. (ACS) launched a new lending platform aimed at giving auto dealers access to financing and leasing sources.
Read More →Consumer credit decreased at an annual rate of 3.3 percent in the third quarter and continued to decline in October, according to the Federal Reserve’s monthly report.
Read More →Software provider DealerTrack Inc. announced Monday that the number of active financing sources connected to the DealerTrack network has reached 800.
Read More →Veteran journalist Chris Wallace will give the keynote address at the American Financial Services Association (AFSA)’s 14th Vehicle Finance Conference and Exposition, scheduled for Feb. 10-12, 2010, at Walt Disney’s Yacht Club Resort in Lake Buena Vista, Fla.
Read More →Consumer credit patterns returned to their status quo in September, with interest rates, loan terms and loan-to-value ratios reverting to their pre-Cash for Clunkers (C4C) levels, according to the Federal Reserve’s monthly report.
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Windshield cracks, tire blowouts and door dings are common occurrences for vehicle owners, but do they translate into a market for today’s new wave of F&I products? Dealers say they do.
Read More →Evidence of the Cash for Clunkers (C4C) program’s impact on consumer credit were revealed in the Federal Reserve’s August report, which showed marked declines in loan-to-value ratios and the amount financed.
Read More →United Federal Credit Union (UFCU) will now offer Auto Financial Group (AFG)’s DrivingSense as an indirect lending option as part of a recent agreement with the provider of residual-based financing products for credit unions.
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