According to an Equifax report released on June 4, auto-loan delinquency rates have fallen to their lowest level in a decade, even as high-risk loans continue to rise.
The number of new subprime auto loans, defined as those to consumers with an Equifax Risk Score below 620, reached 983,275 in the first two months of this year, an 8.1 percent increase from the year-earlier period, Equifax’s National Consumer Credit Trends Report said.
KPA, a provider of dealership management software and services, recently launched a new product line that combines efficient software, comprehensive content and on-demand expert advice to help stores follow sales and finance best practices and ensure their business complies with federal and state regulations.
Perks like virtual personal assistant MyAssist can make companies more attractive to employees looking to better balance their work and personal lives.
Drivers learn firsthand how to handle scary situations on the road in the Tire Rack Street Survival program this weekend in Oak Creek, Wis.