The manual review process is the last great bottleneck for dealers and auto finance sources. Attorney Tom Oscherwitz is counting on agentic AI to clear it. +
Average amounts financed, monthly payments and repayment terms all grew on a year-over-year basis in the first quarter, putting auto finance on shaky ground. +
A new AutoPayPlus survey of auto dealers and F&I executives reveals deep concerns over ever-lengthening loan terms that can trap consumers in long purchase cycles. +
Industry veteran Robert Steenbergh believes that, as vehicle affordability continues to erode and financing terms push into uncharted territory, biweekly payment servicing is quietly evolving into a meaningful reinsurance premium. +
Launcher’s appTRAKER auto and consumer loan origination system has integrated with Carleton Inc.’s CarletonDocs compliant document generation platform. +
Dealertrack's Credit Availability Index climbed to 101.3 in February, a 6% year-over-year improvement, despite a lower overall approval rate and a widening yield spread. +
Experian reports subprime borrowers accounted for 15.3% of U.S. auto finance originations in the fourth quarter, claiming their largest share of the market since 2021. +
Dealertrack’s Credit Availability Index remained at 100 last month, reflecting offsetting indicators that include a lower approval rate and a growing share of subprime loans. +
The latest Digital Transformation Index shows a 4.6% decline in econtracting volume from the third quarter to the fourth but a 3.2% increase over the course of 2025. +
A set of new and updated features was designed to resolve “friction points” and increase the number of auto loan contracts that can be funded without manual intervention. +
