auto finance

• SEC Charges Capital One with Understating Auto Loan Losses

  By Michelle A. Samaad  |  April 25, 2013

  Company settles for $3.5 million; two senior executives agree to pay $135,000.

• Auto Leases Are a Growing CU Business

  By Michelle A. Samaad  |  May 21, 2012

  As the prices for new and used cars edge higher, more consumers are opting to ride off the dealership’s lot in a leased vehicle.

• Auto Lease Volume Picks Up

  By Michelle A. Samaad  |  May 11, 2012

  Option's popularity could impact credit union auto loan origination.

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  The Subprime Lure

  By Michelle A. Samaad  |  January 16, 2012

  In another effort to drive in more business, some auto lenders, including credit unions, may be more willing to be flexible with credit-challenged consumers.

• Banks, CUs Lag Auto Captives

  By Michelle A. Samaad  |  December 11, 2011

  Since 2009, auto finance companies have increased their lending by more than 47%.

• Finance Companies Beat Banks, CUs in Auto Loans

  By Michelle A. Samaad  |  November 14, 2011

  Equifax’s latest data shows lending from auto finance companies has increased by more than 47% since 2009.

• Online Resources Wins Patent Extension

  June 23, 2010

  Online Resources Corp. said it has received a new patent for a number of its biller service provider bill payment transactions.