Another subprime lender, Bayside Credit, stops originating loans
Irvine, Calif.-based auto finance company Bayside Credit is no longer originating auto loans, representatives for the company confirmed to Auto ...
Irvine, Calif.-based auto finance company Bayside Credit is no longer originating auto loans, representatives for the company confirmed to Auto ...
Auto lenders are eyeing data use, improved decisioning, falling interest rates and strategic growth headed into 2026 on the heels ...
Credit Acceptance Corp.’s originations decreased in the third quarter as the subprime lender faces increased competition and worse-than-expected loan performance. ...
Auto lenders keep in regular contact with dealers, building long-term relationships to weather market uncertainty and macroeconomic headwinds. As a ...
Carvana’s originations jumped 58.8% year over year in the third quarter and the retailer extended and increased its forward-flow deal ...
New EV inventory is plummeting industrywide as auto manufacturers curb production and demand wanes following the elimination of the federal ...
AI debt collectors are performing at rates comparable to human agents for some auto lenders. Since subprime lender Consumer Portfolio ...
Floorplan financing has slowed in recent months following an uptick earlier this year amid higher inventories prior to impending tariffs ...