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The unusually cold weather that impacted much of the economy didn’t slow down the auto finance industry, which reached new highs in several critical metrics.
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Holiday shopping trends help 2013 finish with healthy credit approvals, Swapalease.com reports.
Read More →More than 77 percent of car lease customers were approved during April, up from 70 percent during the previous month, according to Swapalease.com.
Read More →New York Gov. Andrew Cuomo is demanding that credit bureaus give special allowances for Hurricane Sandy victims. The credit reporting agencies, however, say they are already doing their part.
Read More →Not only did finance sources finance more customers with lower credit scores, they lowered interest rates and extended terms to help fuel vehicle sales.
Read More →Only 5 percent of respondents to a financial literacy survey said they needed help understanding their credit report, yet a majority of adults have neither ordered their credit report or score in the last 12 months
Read More →NADA University announced it is now offering all of its legal and regulatory webinars — live and on-demand — at no cost to NADA and American Truck Dealer members and their staffs.
Read More →Experian Automotive announced that the automotive loan market showed continued improvement, with interest rates for new- and used-vehicle loans at their lowest levels since 2008.
Read More →Prestige Financial Services Inc. has selected analytics software and services provider SAS to revamp its internal credit scorecard program.
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In the second quarter, finance sources continued their drive down into the high-risk credit tiers and consumers continued to pay on time. But the magazine’s resident finance insider wonders how long those trends can continue in this month’s review of quarterly auto finance trends.
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