AFIP educates dealer F&I staff on IRS Form 8300 cash reporting
Automotive F&I personnel often are confused on what constitutes more than $10,000 in cash and must be…
Ally expects low inventory, elevated auto loan originations in ’22
Indirect auto lending giant expects inventory shortages to persist in 2022 and sees another strong year of…
Associated Bank begins indirect auto lending, seeks $1B portfolio by ’22
The bank has launched the service in 13 states, with plans to add dealerships in three others…
Westlake to accept international credit info for auto loans
Westlake Financial will consider credit information from more than a dozen countries when evaluating new U.S. immigrants…
Consider credit ‘soft pulls’ at start of sales process
Performing a soft pull on a customer’s credit at the start of the buying process can improve…
Cadillac financing to add luxury cred
Next year, the brand will join its peers with a luxury-badged financing arm — an important step…
Vroom targets more sales, customers with UACC deal
The acquisition of the captive lending arm may help Vroom increase sales and profits.
GM Financial prepares for next chapter
The role of the 11-year-old captive will continue to expand in the next few years as GM…
Fifth Third boosts GAP advances amid rising prices
Fifth Third Bank has raised the amount they’ll fund in GAP coverage on financed vehicles, describing it…
Maintenance contracts a ‘magic bullet’ for F&I
The low-margin preventive maintenance contract is “your most underutilized product in F&I,” according to Dan Mason, Principal…
