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auto lenders

Auto Dealer Stocks React Favorably As NADA’s May Used Vehicle Index Shows Growth

Stocks exposed to used car sales and auto lending spiked Tuesday following a data correction from the National Automobile Dealers Association regarding its used vehicle price index. The index was reported on Monday at 107.8, a negative 10.3 percent change year over year and negative 2.2 percent month over month. The corrected values showed better […]

Years after the meltdown, Latinos still wary of big banks

Canadian auto lenders switch to tailored deals

Canadian auto lenders are focusing on highly tailored solutions to maintain business growth in an increasingly tough market, according to research from J. D. Power.

Bankrate glossary: Equifax

Glossary Equifax is one of three leading credit bureaus, along with TransUnion and Experian. Like the other credit bureaus, Equifax uses a persons borrowing information to compile a detailed credit report. Lenders use these credit reports in conjunction with a credit score to determine the financial risk involved with letting a person borrow money. Equifax […]

AutoGravity experiences spectacular growth as carmakers buy into its F&I capabilities

Car buyers in the US can use AutoGravity to find tailored buying and leasing offers. AutoGravity features multiple vehicle brands and models, and enables various financial services providers and automotive manufacturers the opportunity to offer vehicle financing and leasing via smartphone. Carbuyers in some 46 states are now able to access up to four financing […]

TransUnion (TRU) Q4 Earnings: What’s in Store this Time?

Premium business service company TransUnion (TRU – Free Report) is scheduled to release fourth-quarter 2016 results before the market opens on Feb 14. In the last reported quarter, adjusted earnings matched the Zacks Consensus Estimate. The company recorded an average positive earnings surprise of 9.95% over the trailing four quarters, beating estimates thrice. Let’s see […]

Protecting Consumers, Subverting Democracy?

The Consumer Financial Protection Bureau (CFPB) is a key part of the 2010 financial-reform law known as Dodd-Frank. The CFPB has done some good work–but it’s also unnecessary, unconstitutional, and unaccountable both to the president and to Congress. House Republicans are working on a plan to make the CFPB more accountable, but they’ll need a […]

How to do a financial background check on yourself

Check and Bank Account Reports If you’re having trouble opening a bank account or getting a merchant to accept a check, look for errors or negative information in reports from the following companies. ChexSystems keeps a database on consumers’ activity with checking and savings accounts. Many banks will pull your report and consider the information […]

Changes loom for America’s consumer watchdog

In early September, for instance, the CFPB joined the Office of the Comptroller of the Currency and Los Angeles legal officials in hittingWells Fargo, one of the nations largest banks, with $185 million in penalties for opening millions of unauthorized accounts to boost sales. Last month, the CFPB and two state attorneys general sued Navient, […]

Anwar Halari argues that UK auto lenders are missing a valuable business opportunity

It is widely acknowledged that Islam is the fastest growing religion in the world. Islam is the second largest religion in the UK, with around 5% of people living in England alone identifying as Muslim: many are individuals and SMEs running businesses, requiring loans, houses and cars.

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