Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Credit Acceptance Corp.’s (CAC) forecasted payment performance for outstanding auto loans on its balance sheet remained nearly unchanged from its March 31 forecasts, despite industrywide expectations that the COVID-19 economic crisis could squeeze borrowers’ ability to repay. In fact, the forecasted collection balance for auto loans originated in the first quarter inched up 60 basis points from its original […]
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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
