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Proposed FTC ‘junk fee’ rule garners nearly 1,700 comments
The Federal Trade Commission (FTC) has received 1,678 consumer responses as of Monday afternoon to its proposed rule to ban...
Private equity firm to acquire CDK Global for $8.3 billion in take-private transaction
Private equity company Brookfield Business Partners has entered into a definitive agreement to acquire CDK Global for $8.3 billion in...
Consumers ready to ride: Lyft, Uber see demand normalize in Q2
Active riders are returning to the market after the COVID-19 pandemic halted travel in 2020, according to second-quarter earnings reports...
Nicholas Financial posts 137% YoY increase in direct loan originations in fiscal Q1
After posting a 137% year-over-year increase in direct loan originations to $5.7 million, Nicholas Financial reinvested its earnings into company training,...
Weekly Wrap: Where do EV batteries fit into auto finance?
Last week’s Auto Finance Innovation Summit brought the nation’s top lending and leasing executives together to discuss the changing role...
TrueCar eyes preapprovals
TrueCar, an online new- and used-car marketplace, is pivoting its focus back to the company’s original mission, digital retailing, with an eye toward incorporating preapprovals, VP of...
Total loss efficiency: 3 ways lenders can achieve faster resolutions
Automotive finance lenders have been feeling the impacts of COVID-19 on day-to-day business operations. Call duration is up. Resources remain...
USAA’s Renee Horne returns to the Auto Finance Summit speaker faculty
Auto Finance News is pleased to announce that Renee Horne, USAA’s vice president of consumer lending experiences, is returning to...
