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What a difference a few months make. Last year, subprime lenders outpaced banks, captives and credit unions at a rate of eight to one in origination growth. Among the 10 largest independent subprime lenders, originations shot up an average of 43.9%, compared with a 5.5% growth rate among other lender types, according to the 2020 […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
