Credit union lending network CUDL expects financing volume to grow in 2024 on the heels of underwriting technology improvements and…

Credit Acceptance Corp.’s originations and number of active dealers rose in the fourth quarter as the subprime lender’s used-vehicle market…

Wells Fargo Auto’s preferred financing arrangement with Volkswagen contributed to double growth of auto originations year over year in the…

Lenders and retailers are focused on automating payments wherever possible and using AI for customer communication and servicing. Retailer Carvana…

Nissan Motor Acceptance Co. this year plans to complete the integration of a new loan and lease receivables system to…

S&P Global has again lowered its ratings on a 2022 Flagship Credit Acceptance auto securities transaction as loss expectations rise…

Bank of America is leaning on its diversified auto finance strategy and technological investments to drive growth and navigate changing…

Despite persistent skepticism, the adoption of AI in auto finance continues to accelerate. Automation is not a trend in retreat,…

Social impact, lack of dealer support and struggling business models are hindering mass EV adoption while EV manufacturers Rivian and…

Vroom subsidiary United Auto Credit Corp.’s originations declined in the fourth quarter while liquidity improved as the company looked to…

USAA on May 14 named Brian Goldman as the lender’s new chief risk officer, effective May 27.  Brian Goldman Goldman…

RV dealer group Lazydays’ finance and insurance revenue inched down year over year in the third quarter but increased sequentially…

RV dealer group Lazydays’ finance and insurance revenue fell year over year in the second quarter following mixed sales performance…

Auto outstandings are forecasted to gradually tick up after the first quarter of 2025 after remaining flat at the end…

Terralyn Montgomery considered her Tricolor Auto purchase a blessing. Montgomery had fallen on hard times — her son had been…