Auto Loan Originations to Subprime Borrowers Drops While Prime-Risk Loans Increase

Auto loan originations and leases to subprime borrowers fell to just 15% of the total in the first quarter, reported the New York Federal Reserve.

Pelican Auto Finance Partners with AUL Corp.

NAPA, Calif. – Pelican Auto Finance, LLC (Pelican), a leader in deep sub-prime auto financing, has selected AUL a Napa, CA based company to be their national vehicle service contract provider. AUL an industry leader in the vehicle service contract business, has a strong national network of agents and dealers. The combined strength of the ... Read More »

CPS to Pay $5.5 Million to Settle FTC Charges