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autofinancenews
2 小时
High interest rates taking powersports borrowers ‘out at the knees’
LAS VEGAS — Interest rates will need to fall further to make powersports financing more attractive. In its first rate cut in ...
autofinancenews
5 小时
Ford Credit’s Flex Buy volume to jump 25%
Ford Credit’s Flex Buy program volume is on track to grow 25% year over year. The program, launched in June 2023, allows ...
autofinancenews
10 小时
Capital One VP: Synthetic identity fraud up 400% across financial services
Capital One’s loan applications containing synthetic identity fraud have increased about 400% over the past four years.
autofinancenews
1 天
Tricolor’s losses fall 20% with new risk model
LAS VEGAS — Tricolor Auto Acceptance has seen a 20% decline in losses since updating its risk model this year. “We upgrade ...
autofinancenews
1 天
US average FICO score holds steady after first-in-decade fall
The national average FICO credit score fell by one point to 717 in October 2023, where it’s remained in April and up to the ...
autofinancenews
1 天
3 themes to watch at PowerSports Finance Summit
The powersports industry is turbulent, with high interest rates, softened retail demand and swelling inventory highlighting a ...
autofinancenews
2 天
CPS application volume jumps 16% from yearend
Subprime lender Consumer Portfolio Services’ application volume is up nearly 16% compared with yearend 2023 despite a dip in ...
autofinancenews
2 天
Fabien Thierry: Bank of America refi activity picks up steam
Bank of America is seeing an uptick in auto refinance activity on the heels of the Federal Reserve lowering the benchmark ...
autofinancenews
3 天
Off the Lot: What does Auto Finance Summit 2024 have in store?
It’s showtime! The 2024 Auto Finance Summit kicks off today in Las Vegas. It seemed like a good time to consider and ...
autofinancenews
3 天
Interest rates, leasing and sales dynamics: 3 themes at Auto Finance Summit
Auto lenders and manufacturers are still navigating high interest rates despite positive movement by the Federal Reserve, ...
autofinancenews
6 个月
Auto Finance Composite Index
The Auto Finance Composite Index identifies whether auto finance market performance is trending positively or negatively based on multiple industry datasets calibrated into a one definitive indicator.
autofinancenews
3 天
GAP Refunds Cause a Bump in the Road: Latest Research Shows Opportunity to Build Trust for ...
Drivers are demanding more transparency and communication from their dealerships, lenders, and F&I contacts, and regulators ...
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