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Finance & Insurance News

Auto lenders curb loans to least-creditworthy customers

Auto lenders hit the brakes on loans to customers with subprime and deep subprime credit in the second quarter of 2014, according to Experian Automotive. Loans to those customers accounted for 15.1 percent of new-vehicle loans for the quarter.  » READ
 

Who’s responsible for passing along bad credit info?

 

Sonic’s EchoPark stores will use self-branded products, financing

 

Santander sued by investors over subprime lending practices

 

Can't judge client's ability to pay

 

Is rise in Q2 loan delinquencies a turning point?

 

F&I departments need a farm team

 

'No evidence' of subprime auto loan bubble, Equifax economist says

 

CFPB takes new tack in auto lender crackdown

 

CFPB fines subprime lender First Investors Financial Services Group for sending credit bureaus inaccurate info

 

Auto loans could get boost from revamped FICO scores

 

Canadians stretch out auto loans as debt warnings go ignored

 

Asbury targets underperformers, training as F&I gains stall

 

Subprime auto loan growth is 'less pronounced' in context, Fed analysts say

 

Honda's Mendel says U.S. sales 'near top,' warns market may suffer from 'stupid things'

 

Dealer software giant ADP Dealer Services to become CDK Global

 

U.S. Treasury to cut Ally stake

 

Toyota: Favorable auto finance climate to continue driving U.S. retail volume

 

Subprime auto loans' risk is acceptable, analysts say

 

NADA, AFSA dispute New York Times editorial on subprime auto loans

 

Flat fees for F&I products? It's possible

 

Subprime lender learns FTC's 'not cutting any slack'

 

High-tech toys drive service contract sales

 

After probe of Santander, GM Financial, who's next among subprime auto lenders?

 

Santander Consumer receives subpoena over subprime auto loans

 

J.D. Power pans in-car voice recognition systems

 

GM Financial subpoena opens new front in auto lending crackdown

 

Chrysler Capital seeks to regain retail share lost in Q2

 

Ally's insurance operations reap fewer revenues in Q2

 

Penske taking steps to improve F&I revenue

 

GM's subprime auto lending draws attention of U.S. investigators

 

GM Financial says Justice Dept. seeks subprime loan records

 

Lenders listen to satisfy dealers

 

Volume hot, profits not, for GM Financial, Ford Credit

 

Dahlheim named CEO of VW Credit

 

BMW Group tops dealer finance satisfaction survey

 

Group 1 leads peers in F&I revenue per vehicle; Penske trails again

 

Near-record auto lending drives Ally Q2 profit higher

 

Outstanding U.S. auto loans hit all-time high, Equifax says

 

F&I revenue growth slows in Q2 for some major dealership groups

 

Some worry about F&I product regs, but not Jackson

 

Capital One, Huntington target more prime loans

 

Credit union backs off ads blasting dealer reserve

 

Credit union scraps ad campaign slamming rate markup

 

Chase, Wells Fargo ease auto loan growth

 

CFPB scrutiny could force fixed F&I prices

 

Sales staff gets more responsibility, higher pay

 

Shoppers wary of dealer loans

 

Dealer: Customers judge a service contract by its cover

 

Chrysler Group's lease rate rises; Dodge Double-Up builds traffic