Used EVs lead the charge
As macroeconomic pressures forced changes in consumer purchasing patterns in the first half of the year, uncertainty continues in the...
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Alloya Corporate Federal Credit Union issues first ABS deal
Alloya Corporate Federal Credit Union issued its first asset-backed securitization deal — backed by prime auto loans — as its...
Hyundai, Nissan offer 0% financing deals for July 4th
Auto manufacturers are offering 0% financing and deferred payments for the Fourth of July weekend amid rising monthly payments and...
CFPB halves estimate of ‘credit invisible’ consumers
The Consumer Financial Protection Bureau has updated its methodology for determining the number of consumers with thin-file or no credit...
Ford sales jump 14.2% YoY in June, Subaru drops 15.8%
Major automakers saw mixed sales in June and the second quarter, determined in part by OEMs’ abilities to mitigate tariff-induced...
Fintech Origence’s funding ratio drops 5.3 ppts
Origence’s funding ratio dropped through the first half of the year even as application volume increased among its credit union...
Powersports Finance Summit 2025 agenda is live
Powersports Finance Summit 2025 returns Sept. 23-24 to the Sonesta Columbus Downtown, providing attendees with the opportunity to expand dealer...
AI’s moment in auto lending: Balancing efficiency, oversight, ethical risk
Artificial intelligence is no longer a distant concept in auto lending — it’s here, embedded in workflows from loan origination...
Pagaya streamlines underwriting, counteroffers
AI-based financier Pagaya Technologies is investing in capabilities for faster auto loan funding and counteroffers to increase conversion rates for...
