Auto-finance companies looking to gauge collections, delinquencies and defaults continue to get a somewhat murky glimpse of what’s happening in the market. After the latest update showed a slight dip in defaults, the newest insight from Kroll Bond Rating Agency ... [Read More]

The Federal Open Market Committee (FOMC) at the Federal Reserve raised the federal funds rate target to a range of 0.25 to 0.5%, marking the first push higher by policymakers in three years. The move prompted Cox Automotive chief economist ... [Read More]

After serving for more than four years as the president of PAR North America, Lisa Scott is embarking on her next professional chapter, transitioning from repossessions and recoveries to digital wholesaling. On Wednesday, E Automotive named Scott as the company’s ... [Read More]

APCO Holdings, a leading provider and administrator of automotive F&I products and home to the EasyCare and GWC Warranty brands, recently announced that Kate Eltringham has been promoted to senior vice president of marketing and strategy. According to a news ... [Read More]

TransUnion senior vice president and automotive business leader Satyan Merchant spent some of his time at the Vehicle Finance Conference hosted by the American Financial Service Association last week in Las Vegas discussing the growing credit vertical known as buy ... [Read More]

Well, how about this development to show again how resilient and unique auto financing is? Auto defaults moved counter to most of the other metrics S&P Dow Jones Indices and Experian released on Tuesday. According to the data through February ... [Read More]

Tanya Stevenson spent more than 16 years at Portfolio. Stevenson now is bringing her experience and expertise to another F&I service provider. Last week, National Auto Care announced the addition of Stevenson, who joined the company as director of sales ... [Read More]

Contract holders in your portfolio who prefer to make their monthly payment in person with cash at a physical location now have more options thanks to the latest development from PayNearMe. The payments platform announced last week that Walgreens has ... [Read More]

Going into this week’s Vehicle Finance Conference hosted by the American Financial Services Association, defi SOLUTIONS announced the introduction of a single, end-to-end solution for the entire auto finance and personal lending lifecycle. Monday’s development arrived on the heels of ... [Read More]

Arriving just a few days after new research showed the volume of consumers living paycheck to paycheck, the Capital One Insights Center released new research timed to the two-year anniversary of the COVID-19 pandemic that shows the gap between lower ... [Read More]