Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Subprime auto lenders are preparing for an imminent rise in delinquencies and net charge-off rates as government stimulus payments come to an end. Stimulus payments have been a lifesaver for the auto finance industry, especially for the subprime lenders who service consumers sensitive to economic downturns. Santander Consumer USA, for one, saw a correlated decline […]
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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
