Amanda Harris

Affinity Federal Credit Union is growing originations with auto refinance in 2026 as consumers look for ways to lower monthly payments.

Dort Financial Credit Union is allowing for term extensions so consumers can afford to add back-end products to loans and leases

Capital One in June named JPMorgan Chase veteran Sean McClure its chief counsel for the financial services division, and more staffing changes

Auto finance industry performance was steady in March as steadfast consumer demand and stable standards offset lower vehicle sales.

Credit access and approval rates improved in May, but access was offset by a drop in subprime share, while new-vehicle prices rose year over year. While credit availability is improving, the gain is offset by consumers opting for longer loans amid “stubborn” pricing, Erin Keating, executive analyst at Cox Automotive, told Auto Finance News. “From a credit side, we've continued to see that loosening a […]

Credit Acceptance Corp. has named Joe Billante chief financial officer to succeed Jay Martin. Martin will retire on July 27 after 23 years at the lender; Billante's appointment takes effect on the same day, according to a June 10 company release. Martin has been with CAC since 2003 and will remain with the company during a transition period through Aug. 31. Billante has more than 25 […]

Carvana has lowered its interest rates as its profitability, sales and finance volume improve and as the retailer expands inventory

Auto dealers can cut costs by automating corporate card and expense management following an integration between Brex and Tekion.

Lenders should be vigilant of state law, dealer practices following the removal of CFPB supervisory highlights and the FTC’s warning letters.

As repossession efforts become more expensive because of elevated fuel...