A new AutoPayPlus survey of auto dealers and F&I executives reveals deep concerns over ever-lengthening loan terms that can trap consumers in long purchase cycles. +
Industry veteran Robert Steenbergh believes that, as vehicle affordability continues to erode and financing terms push into uncharted territory, biweekly payment servicing is quietly evolving into a meaningful reinsurance premium. +
Launcher’s appTRAKER auto and consumer loan origination system has integrated with Carleton Inc.’s CarletonDocs compliant document generation platform. +
Dealertrack's Credit Availability Index climbed to 101.3 in February, a 6% year-over-year improvement, despite a lower overall approval rate and a widening yield spread. +
Experian reports subprime borrowers accounted for 15.3% of U.S. auto finance originations in the fourth quarter, claiming their largest share of the market since 2021. +
Agent Summit and Automotive Ventures have partnered to present the inaugural Startup Symposium, a new event for agents leading the charge toward F&I innovation. +
One would think auto finance is enjoying some breathing room as federal regulators lower their profiles in the Trump administration. One would be wrong, says Carleton’s Tim Yalich, and a silent threat could prove fatal. +
Dealertrack’s Credit Availability Index remained at 100 last month, reflecting offsetting indicators that include a lower approval rate and a growing share of subprime loans. +
Dealers surveyed for Experian’s Dealer Fraud Threat Report closed an average of four deals that were later revealed to be fraudulent in 2025, with many bearing 100% of the cost. +
eLEND Solutions and LetzChat have partnered to help dealers identify and engage with the 10% to 20% of car buyers who primarily speak a language other than English. +
