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Lenders have started looking more at payment-to-income ratios when making credit decisions as affordability remains a challenge, especially in nonprime lending. The average first-quarter 2024 new-vehicle monthly payment was $735, according to Edmunds, as payments have held steady in the $730 range for more than a year.. Meanwhile, insurance costs continue to increase, rising […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
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Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
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David Thompson
David Thompson
David Thompson
