Credit Unions Look to Improve, Post 2016 Origination Growth
Credit unions, as a collective group, grew auto loan origination volume by about 7% in 2016, while all other loan ...
Tag: subprime
And So It Begins – The Subprime Realignment
So, GO Financial and now, Dealer Funding has taken the brave steps to stop competing in what has been a ...
CREDIT: Increase in Loans, Increase in Subprime
More consumers have chosen to finance their vehicles, while lenders have dug deeper into subprime space, experts suggest. Subprime Overall, ...
Underbanked Are Not Always Subprime, FactorTrust CEO Says [VIDEO]
An underbanked consumer is not necessarily a subprime consumer, according to FactorTrust Chief Executive Greg Rable. “Ultimately, with the underbanked, ...
Lenders Beware of ‘Scary Deals,’ Western Funding President Warns
If the auto finance industry continues to see deteriorating conditions like rising LTVs and lengthening loan terms, things could be ...
Retention and Loyalty Are GMF Priorities as Lease Provider
Customer retention, loyalty, and efficiency are key goals for General Motors Finance Co., now the sole provider of all Buick ...
CREDIT: Delinquencies Remain Low Even as Subprime Grows
DELINQUENCIES Auto loan delinquencies are on the rise, loan terms are getting longer, and as subprime auto lending continues to ...
Chicken Little Take Note: Wise Business Practices Help Keep the Subprime Sky from Falling
While it is true that subprime lending volumes are up, this does not necessarily signal that the market is headed ...
