How End-of-Year-Sales May Impact Auto Finance Digital Transformation Strategies
Following a challenging sales environment in 2022, a noticeable recovery in the automotive sector has stabilized in 2023. This year, even as supply chain...
Unlocking Insights: The Power of the Non-Prime Automotive Financing Survey Report
In today's rapidly evolving landscape, information is not just power, it's a strategic advantage. We are excited to present our latest survey report that...
Training Dealers and Lenders to Leverage AI and Advanced Data to Better Sell Connected...
New opportunities related to connectivity, advanced electronics, and computer technology are becoming increasingly important as vehicle technology advances. Auto dealers and lender partners are...
Affordability vs. Income: Uncovering Hidden Opportunities in your Auto Lender Marketing
At the recent AFSA and NADA conferences, we heard economists from across the industry discuss the possibility of an economic downturn and potential impacts...
Why You Need a Website Privacy Policy
Privacy is a growing area of regulation in the United States, and not just for large institutions like national banks. If you do business...
George Washington and the FTC’s Fair Lending Ambuscade
To paraphrase George Washington, in its recent action against Passport Auto Group it could be said of the FTC:
The FTC is not reason, it...
Aren’t Regulations Fun?
Here it is July 2022 – Reg Z went into effect in July 1969, and many other statutes and regulations have followed. We never...
CFPB Claims that Discrimination Is a UDAAP
The Consumer Financial Protection Bureau recently announced that discrimination—whether intentional or unintentional but produces a discriminatory outcome—is an unfair, deceptive, or abusive act or...
National Automotive Finance Association Announces the Appointment of Jennifer Martin to Executive Director
Hanover, Maryland – (February 16, 2022) The Board of Directors of the National Automotive Finance (NAF) Association, a trade association for businesses involved in...
Creditor Liability for Consumer Choices – Are Dealers at Risk?
“Be a caretaker and not an undertaker.”
This is a comment often made by a prominent speaker at independent dealer conferences. The intention of this...