Bankrupt PrimaLend blames subprime ‘cycle’ as it seeks bank help
Auto dealers who lend money to buyers with spotty credit histories pushed subprime lender PrimaLend Capital Partners into bankruptcy, the ...
Auto dealers who lend money to buyers with spotty credit histories pushed subprime lender PrimaLend Capital Partners into bankruptcy, the ...
Capital One’s auto originations rose in the third quarter as strategic underwriting and tightening contributed to better credit performance. Auto ...
Lithia Motors’ finance arm, Driveway Finance, originated $732 million in loans during the third quarter, marking its sixth consecutive quarter ...
MIAMI — Auto lenders that target consumers across the credit spectrum are under a microscope following Tricolor Auto’s Chapter 7 ...
Auto industry practices are increasingly influencing equipment finance as more leaders cross over between the industries, where similar business models ...
PrimaLend Capital Partners filed for bankruptcy after months of negotiations with creditors following missed interest payments on its debt, the ...
MIAMI — Auto securitization ratings experts are expecting further losses for lenders that specialize in servicing consumers with thin credit ...
GM Financial’s originations fell in the third quarter as its market share for new-vehicle loans and leases declined. The captive’s ...