Lendbuzz automates over 50% of originations
The majority of AI-driven auto lender Lendbuzz’s originations are automated, thanks in part to AI tools and an ability to…
The majority of AI-driven auto lender Lendbuzz’s originations are automated, thanks in part to AI tools and an ability to…
Ford Credit in 2025 will be looking to leverage consumer data to improve communications with borrowers and streamline customer service….
Applications for US unemployment benefits rose to the highest in a month during a week that included the Thanksgiving holiday….
Motorhome values fell in line with seasonal trends, climbing in May, Black Book principal specialty vehicles analyst Eric Lawrence told…
Banks largely did not change their credit standards for auto loans in the second quarter as demand remained tight. The…
Wholesale used-vehicle values increased month over month but fell year over year in July as values declined across every major…
Lenders are working to balance staff retention with automation as the industry embraces an increased reliance on automated processes and…
April wholesale used-vehicle values reached the highest reading in 18 months as consumer confidence reached record low levels and demand…
Toyota Financial Services was once again the largest auto lender by outstanding volume in 2023 as the auto finance industry…
Imagine you are a moose, chomping away on some twigs without a hint of concern in your beautiful, tennis-ball-sized brain….
Heller retires as chief technology and operations officer at Huntington Paul Heller Columbus, Ohio-based Huntington Bank announced the retirement of…
Wholesale used-vehicle values increased month over month but are down from a year ago amid strong sales and tight supply. …
Credit Acceptance Corp.’s pricing strategy has been key to the subprime lender’s continued growth despite ongoing volatility that has seen…
Bank of America’s auto originations rose in the first quarter while credit performance continued to normalize and commercial loans to…
Recurring applications for US unemployment benefits rose to the highest since the end of 2021, adding to evidence that it…