CPS application volume jumps 16% from yearend
LAS VEGAS — Subprime lender Consumer Portfolio Services’ application volume is up nearly 16% compared with yearend 2023 despite a ...
Tag: interest rates
Fabien Thierry: Bank of America refi activity picks up steam
LAS VEGAS — Bank of America is seeing an uptick in auto refinance activity on the heels of the Federal ...
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 ...
Fed cuts rates by half point in decisive bid to defend economy
The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, in an aggressive start to a ...
Core US inflation picks up, damping odds of outsize Fed cut
Underlying US inflation unexpectedly picked up in August on higher prices for housing and travel, undercutting the chances of an ...
Carputty CEO talks rate drops, line-of-credit financing
Online direct lender Carputty lowered its base interest rate for its Flexline financing option for new- and used-vehicle purchases as ...
Camping World F&I revenue up 7.2% year over year
Camping World’s finance and insurance revenue increased year over year in the second quarter as new-RV unit sales increased and ...
Leases help dealers weather challenging market
Since the Federal Reserve started raising interest rates more than a year ago, auto industry challenges have created a difficult ...
