Arivo taps refi to grow originations in 2025
Subprime lender Arivo Acceptance is looking to ramp up its refinance product, a move that will help the company double...
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Insurers back private credit, compete with banks
Insurance companies are investing in auto finance amid an abundance of capital and an interest in private credit investment but...
Rate of 60-day delinquencies up, but slowing
Auto delinquencies continued to rise year over year in the fourth quarter, but the pace has stabilized. The percentage of...
Tax Refund Season is Here—Is Your Dealership Ready to Handle the Surge?
Tax refund season is here. For auto dealerships, the time brings a significant opportunity to boost revenue. Late Q1 and...
Funding diversification key to auto lenders
Auto lenders are tapping diverse funding sources to establish a capital base that supports origination growth and long-term relationships with...
Arra Finance targets speed, dealer ties for growth
Arra Finance is emphasizing speed and strong dealer relationships as it pursues significant growth in the subprime lending market this...
Auto outstandings up 0.9% in Q4 (Big Wheels)
Auto outstandings industrywide inched up year over year but were largely unchanged quarter over quarter in Q4. Motor vehicle loan...
Banks want U.S. consumer regulator back to undo rules they loathe
Financial companies were rarely shy about their issues with the Consumer Financial Protection Bureau. But a largely shuttered consumer watchdog...
UACC originations decline 19.5%
Vroom subsidiary United Auto Credit Corp.’s originations declined in the fourth quarter while liquidity improved as the company looked to...
New tech prompts adoption of subscription models
New technologies in the agricultural and transportation sectors are leading lenders and manufacturers to leverage subscription-based payment structures. Subscription payment…
Improving auction market lifts used ag equipment values
The used agriculture equipment sector showed resilience in February as auction values ticked up in most categories, but dealers still…
