Articles by: Diana Asatryan

Top 6 Reasons Some Fear the Next ‘Big Short’ in Subprime Auto

Top 6 Reasons Some Fear the Next ‘Big Short’ in Subprime Auto

LAS VEGAS — The Big Short, the tale about the investors that made bank predicting the mortgage crisis in 2008, left many wondering whether a real-life “sequel” is unfolding right now in the subprime auto finance space. The fears of a subprime bubble certainly did not appear out of thin air. ExpertsRead More

Top 6 Financier Apps to Check Out

Top 6 Financier Apps to Check Out

Mobile apps have penetrated virtually every industry there is, from food delivery services to online dating. Financial services, and auto finance in particular, are not an exception. The challenge: to design a banking app “cool” enough to reserve a spot in your customers’ smartphones. Here are six apps that wouldRead More

Internal Cooperation is Key for Success, Experts Say

Internal Cooperation is Key for Success, Experts Say

Companies should, first and foremost, focus on internal partnerships across all departments, particularly when implementing new technologies. “Technology initiatives affect nearly every business unit within organizations today,” John Reed, senior executive director for Robert Half Technology, said in a statement. One C-level position in particular has been picking up onRead More

How Auto Finance Responds to Disruption

How Auto Finance Responds to Disruption

Auto manufactures have been harnessing tech innovations to transform the industry landscape into a connected, ridesharing, driverless, and smartphone-dominated industry. In that same vein, what does this mean for auto finance? “There is an incredible amount of acceleration in the [auto finance] space, and this is when you see legacyRead More

Lenders Foster Consumer Engagement Through Twitter

Lenders Foster Consumer Engagement Through Twitter

In 2012, the country’s 10 largest auto lenders utilized Twitter mostly to address customer needs. Fast forward four years, and Auto Finance News is back perusing Twitter accounts, this time of the Top 5 largest auto lenders, as ranked by the 2015 Big Wheels Auto Finance report. Admittedly, we weren’tRead More

SURVEY: We Want to Hear From YOU

SURVEY: We Want to Hear From YOU

As an important part of the Auto Finance community, we are coming to our readers for insights on how we can improve the Center for Auto Finance Excellence. Please complete a short survey about the Center’s online content and webinars. Once you complete the survey, your name will be entered intoRead More

CREDIT: Increase in Loans, Increase in Subprime

CREDIT: Increase in Loans, Increase in Subprime

More consumers have chosen to finance their vehicles, while lenders have dug deeper into subprime space, experts suggest. Subprime Overall, 75.6 million consumers had an auto loan in the fourth quarter 2015, according to TransUnion. The number is up 7.8% year over year – the largest YoY increase since theRead More