Auto Finance News is pleased to present The Roadmap, the podcast covering best practices and trending topics in auto finance. If you are in auto finance, this is your podcast.
This week was ripe with news on the innovation front, as Ford Credit outlined the details of its new financing product, the Ford Option, and Upgrade, a personal loan fintech, has plans to enter the auto finance market this year with its sights set on $1 billion in new loan originations. Meanwhile, loan performance in dealer floorplan asset-backed securities is showing signs of improvement on the heels of rising vehicle sales.
This week, the Auto Finance News team took a hard look at what the car buying and financing experience was like for consumers and dealers at the height of the pandemic, explored recovering used-vehicle values, and as well as the rise of fraud amid a decline in loan applications.