MotoRefi, which strives to save vehicle owners money with a refinanced installment contract, now has quite a bit of funding to expand its business. Last week, the fintech company that says it can save ...

Ford and GM have received FDIC approval to create new banks in Utah, offering direct auto financing. Discover how this could change the car buying process for you.

Auto refinance rates start below 4% for qualified borrowers ...

Credit automation is old hat in auto finance. Organizations have long used tools to automate credit processing and spare themselves thousands of personnel hours annually that would otherwise be ...

The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...

The COVID-19 pandemic years brought great profits to dealerships and auto lenders, but now the industry is grappling with the long-lasting impacts of a vehicle affordability crunch. High interest ...

Discover how finance and insurance are transforming auto retail by shaping customer decisions, enhancing digital integration, ...

On October 7, the CFPB released the Fall edition of its Supervisory Highlights, “Special Edition Auto Finance,” focusing on the auto finance market. The report highlights various supervisory ...