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October 2, 2024. Market Trends Impacting Auto Originations and Loan Servicing. September 30, 2024. News from Equipment Finance News. Financing, supply chain weigh on heavy equipment industry. 2024-10-17. LOUISVILLE, Ky. — Tight lending standards, lingering supply chain issues and a lack of skilled operators are challenging lenders and….
BREAKING: Wells Fargo Dealer Services to Merge 60 Regional …
2017年5月31日 · Wells Fargo Dealer Services is in the process of consolidating its network of collection centers, a company spokeswoman confirmed to Auto Finance News. “Wells Fargo Dealer Services is reorganizing its collections activities in order to improve the customer experience,” the company said in an emailed statement. “Dealer Services is evolving to meet changing needs of […]
Westlake using digital refunds to save resources
2023年10月25日 · Westlake Financial has digitized auto loan refund payments to save time and devote more resources to core operations. The lender signed on with corporate payouts platform Onbe to replace its check-based program for auto loan overpayment refunds with a digitally based process, according to a Westlake release. The digital program launched in mid-July has […]
Powersports - Auto Finance News
9 powersports finance executives to watch in 2025. by Ash Savage. September 27, 2024. The first half of 2024 has been bumpy for powersports lenders, manufacturers and dealers after delayed rate cuts by the...
Global Lending Services aims for 14K dealers - Auto Finance News
2019年7月17日 · On the heels of establishing a direct-to-consumer business, Global Lending Services continues to build the indirect side of the business.. The subprime lender has been signing on nearly 200 new franchise dealers each month as it aims for the 14,000-dealer mark, Chief Executive Steve Thibodeau told Auto Finance News.So far, GLS has signed on 8,600 franchised dealers throughout the U.S ...
Delivering GAP Refunds Efficiently & Compliantly
2024年4月24日 · Mailed refund checks are easily misplaced, with a recent study by Onbe and NRG discovering that nearly one-third of consumers have accidentally thrown away a check. Uncashed checks create complexity for payment administrators because unclaimed GAP refunds must be escheated, a process strictly enforced by state regulators.
Ford Credit Launches Lincoln Automotive Financial Services
2011年11月8日 · Ford Motor Credit Co. has announced the launch of Lincoln Automotive Financial Services to provide a customized customer experience for the luxury brand. The new finance company will provide financing to consumers who own or plan to purchase Lincoln models. Customers who currently use Ford Motor Credit to finance their Lincolns were transferred automatically to […]
Auto Finance Summit speaker faculty announced
2022年7月20日 · The Auto Finance News team is pleased to present the speakers for the 22nd annual Auto Finance Summit, which features top voices in the auto lending and leasing industry.. The 2022 Auto Finance Summit returns live Oct. 26-28 at the Wynn Las Vegas. The Summit has hosted participants from more than 1,400 companies and attracts speakers and attendees from the top 25 auto lenders for workshops ...
Alfa announces Originations for US auto finance
2024年1月17日 · The second of six releases that make up Alfa Systems 6, a breakthrough iteration of the Alfa Systems software platform, sets a new standard for excellence in US auto finance originations. Alfa, a pioneer in technology for automotive finance, has announced the introduction of Total Originations for the US auto finance market, setting a new […]
Podcast: ‘Weekly Wrap’ discussion on subprime market
2023年11月20日 · The Auto Finance News team took a deep dive into the subprime auto finance market. In this episode of the “Weekly Wrap,” Deputy Editor Amanda Harris and Senior Associate Editor Riley Wolfbauer discuss the top stories for the week ended Nov. 17, and what to expect in the week ahead. Subscribe to “The Roadmap Podcast” on iTunes or Spotify ...