Financial News

Equifax and Credit Bureau Connection (CBC) are teaming up to offer auto dealers and lenders the ability to provide consumers with access to credit information with no impact to their…
The Manheim Used Vehicle Value Index rose to its highest level of the year in March. The Index reached 136 for the month, up from 135.2 in February and 130.8…
Two-thirds of small business owners say recent fluctuations in the stock market have not changed their business outlook, according to Capital One's latest Small Business Growth Index. This is a…
Following a lower-than-expected February, Cox Automotive is forecasting March U.S. auto sales volume to hit 1.547 million, an increase from February. Sales remain down nearly 7 percent from March 2018.…
The Federal Trade Commission (FTC) and the Consumer Financial Protection Bureau (CFPB) recently reported on their 2018 activities to combat illegal debt collection practices. The annual report to Congress on…
Spireon finished 2018 with year-over-year growth across transportation, fleet and franchise dealer business units. The growth was driven by hardware and mobile innovations designed to increase profitability, improve asset health…
Westlake Financial Services has chosen Dealertrack Accelerated Title handle the payoff and title release process for trade-ins. Using Dealertrack's Accelerated Title solution will enable Westlake to streamline its transactions and…
Average wholesale prices were relatively flat in February, as opposing forces largely canceled each other out. Overall car price declines were more than offset by truck price gains and off-lease…
Deficiency balances have been the latest focus of Consumers Financial Protection Bureau examinations. The CFPB recently released its latest Supervisory Highlight report, which includes a section on auto finance servicing…
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