Weekly Wrap: How significant are affinity partnerships in auto finance?
Last week, Navy Federal Credit Union, the nation’s largest credit union in auto loan volume, announced a new affinity partnership that allows it access to digital retailer TrueCar’s online marketplace...
16 Mars 202119min
Weekly Wrap: Inside auto refinance trends
Last week, Amanda Harris took a deep dive into the growing trend of digital refinancing in our March cover story, “Auto refinance enters the spotlight,” examining the driving forces behind the recent ...
8 Mars 202128min
Weekly Wrap: An all-in interest rate cap looms, inclusive lending in the spotlight
Regulatory changes have long been expected with the administration change in Washington, D.C. As the dust beings to settle on the transition, new priorities for Democrats on Capitol Hill are becoming ...
2 Mars 202122min
What will it take to prop up subprime auto originations?
Subprime origination volume in the third quarter of 2020 continues to lag behind 2019 levels, driven by tightened credit boxes and inventory shortages, even as many lenders turn to digital financing s...
22 Feb 202127min
Q4 earnings wrap on a positive note, dealers prioritize digital at NADA Show
Last week, GM Financial joined Ally Financial and Chase Auto in reporting the surge in fourth-quarter originations that pushed the lenders’ yearend into positive territory. Meanwhile, the virtual NADA...
17 Feb 202116min
Harley, Truist eye new initiatives as loan performance wavers
Last week’s earnings reports in the auto finance industry were marked by new initiatives from Harely-Davidson and Truist Bank, and signs from Santander Consumer USA and Capital One Auto Finance that b...
9 Feb 202113min
Weekly Wrap: Q4 earnings and credit access trends
ecent fourth-quarter earnings from some of the biggest players in the auto finance industry paint mixed results in loan performance and origination growth. U.S. Bank, for one, saw an uptick in deli...
4 Feb 202117min
Weekly Wrap: Auto lenders eye growth through innovation
Several auto lenders last week announced innovative ways to expand or improve their business. Chase Auto, for one, has joined with electric vehicle manufacturer Rivian, forming Rivian Financial Servic...
20 Jan 202112min
