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Newsby StaffJuly 17, 2023

Inovatec Announces Partnership With Paays

Deal provides advanced verification, fraud-detection capabilities to Canadian lenders.

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Newsby StaffJuly 11, 2023

Credit Access, Consumer Confidence Up

June’s loosening follows spring banking crisis, though access is still tighter year-over-year and compared to prepandemic.

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Newsby StaffJune 29, 2023

Dealers Face Difficulty Placing Subprime Loans

Extending credit to high-risk customers is harder, but there are ways to get those customers into loans.

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ArticlesApril 15, 2023

Credit Unions Take Vehicle Finance Spotlight in Q4

The category grabs greater share of market as consumers look to save money in challenging financial conditions.

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Newsby StaffJanuary 18, 2023

Car Financing Costs Will Keep Rising This Year

Interest rates will continue climb, eating into inventory improvements’ effect.

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Newsby StaffJanuary 9, 2023

Auto Loan Payments, Rates Hit Record Highs

The average payment climbed to $717 in the fourth quarter of 2022, which is 50% higher than in 2010, according to Edmunds.

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Newsby StaffJanuary 9, 2023

Car-Buying Grabbing More Wallet Share

Report shows car loan amounts, down payments rising along with interest rates.

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Newsby StaffNovember 14, 2022

Buyers Get FTC Refunds in Napleton Auto Case

Agency alleged that 8 dealerships charged illegal junk fees, discriminated against black buyers.

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Newsby StaffNovember 4, 2022

Another Interest Rate Hike Looms Large

Fed announces fourth consecutive ‘jumbo’ increase in effort to slow inflation.

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Newsby StaffOctober 20, 2022

Q3 Ally Car Loan Applications Down But Value Unchanged

CEO acknowledges that greater market woes may be on the horizon.

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