Consumer Portfolio Services Inc. announced the closing of its second term securitization this year. The transaction is CPS's 28th senior subordinate securitization since the beginning of 2011 and the 11th…
After proving its value with auto finance, FICO is rolling out its Alternative Deal Structure (ADS) to other forms of credit. The auto finance solution allows for the integration of…
Auto finance made up a majority of charge-offs for Community Trust Bancorp Inc. The Pikeville, Ky.-based bank reported $1.2 million of charge-offs in indirect auto finance in the first quarter.…
Auto finance default rates continue to remain stable. S&P Dow Jones Indices and Experian report that the auto finance default rate fell to 1.05 percent from 1.09 percent in February.…
Consumers buy with their hearts, not their minds. That is the best way to sum up the findings of a recent Equifax survey, said Rebecca Kritzman, the firm’s senior director,…
Carvana Co. has acquired fellow technology innovator Car360, accelerating Carvana’s 360-degree photo technology capabilities with 3D computer vision and augmented reality. More than five years ago, Carvana introduced a 360-degree…
APCO Holdings, home of the EasyCare, GWC Warranty, Covideo, and Savy brands, has named David Vickers as the company's new chief financial officer. Vickers brings 35 years of experience in…
Ally Financial Inc. and Fair announced a strategic relationship in which Fair will use Ally's SmartAuction as a remarketing solution for its returned cars, and offer consumers flexible car financing…
CalAmp announced plans to partner with TransUnion to help insurance carriers better manage risk, minimize replacement losses and improve customer service. The partnership intends to leverage TransUnion's insurance data and…
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