CPS Expands Direct Lending to Lower Loss Rates
Consumer Portfolio Services plans to expand direct lending offerings “rather significantly in 2017,” President and Chief Executive Charles Bradley said ...
Month: February 2017
Powersports Twitter Chat: What’s the Deal With Dealer Training?
Dealer training — or lack thereof — is a major challenge for powersports industry leaders, but in what areas is ...
Safr, Women-Only Rideshare, Set to Close Funding Round
After a year of development — and two name changes — women’s-only rideshare Safr is ready to launch, and set to close ...
Three Republican Plans Take Swipe at CFPB
Texas Senator Ted Cruz Republican lawmakers introduced three plans this week that look to limit or outright abolish the Consumer ...
S&P Stress Tests Show Rising Subprime Auto Losses
S&P Global Ratings ran the auto finance industry through five historical stress scenarios and found that both prime and subprime ...
Riders Share Aims to Lower Delinquencies With Bike Rentals
Riders Share, a peer-to-peer motorcycle rental company, in trying to help consumers offset their monthly loan or lease payments — and ...
Harley-Davidson Financial Boosts Loss Provisions in 4Q
Harley-Davidson Financial Services loan-loss provision shot up 119% year over year — to $39.8 million — in 2016, driven by higher retail ...
Ford Snubs V2V Tech in Autonomous Vehicles
Ford Motor Co. steers clear of integrating vehicle-to-vehicle (V2V) communications technology into its autonomous vehicles, Auto Finance News has learned. The company made ...
