Helping the Credit-Crunched

Though many auto consumers are finding it challenging to trade, dealers can leverage conditions to help them get over the hump.

Auto Credit Tougher to Get

Auto-focused lenders were the exception in August, when overall consumer confidence actually rose.

Auto Credit Easier to Come By

March loosening is second month in a row of eased access.

Informativ, AutoFi Streamline Compliance Checks

Credit and automotive compliance technology company provides auto dealers with credit-focused lead generation, credit reporting, and compliance products.

Car Loan Credit Access Tightens in January

Hits 2 ½-year low. Subprime, negative-equity shares fall.

Automotive Partner Launches Proactive Credit, Compliance Solution

Informativ, which reflects company’s approach to comprehensive credit and compliance solutions, encompasses lead generation through vehicle sales.

DriveItAway Partnership Launches Subscriptions in Canada

Partners with Legacy Auto Credit in Ontario for app-based subscription-to-ownership program.

‘Great Deleveraging’ Has Ended, Equifax Reports

ATLANTA — Based on consumer credit data collect by Equifax through November, the five-year run of debt deleveraging might be over. The credit reporting agency reported this week that nonmortgage credit balances reached their highest level since the Great Recession in November, totaling $3.1 trilling. Showing the biggest increase were credit balances for auto loans. ... Read More »

CFPB Lacks Proper Data Security, Report Says

WASHINGTON, D.C. — In a report released Sept. 22, the United States Government Accountability Office (GAO) found that while the Consumer Financial Protection Bureau (CFPB) has taken steps to secure the data it has collected — including records from automobile sales, consumer credit report information, credit cards, credit scores, mortgages and student loans — the ... Read More »

New Credit at Highest Point Since 2008, Equifax Reports