‘Garbage in, garbage out’: Weak dealer data threatens subprime auto funding
Updating and maintaining data could help dealerships obtain capital from lenders as affordability pressures become heightened. Many dealerships use antiquated ...
Updating and maintaining data could help dealerships obtain capital from lenders as affordability pressures become heightened. Many dealerships use antiquated ...
Since the realization that the post-pandemic portfolios, originated in 2022 and 2023, were going to underperform nearly industrywide, there have ...
Auto loan rejection rates declined in the Federal Reserve’s latest consumer credit access survey as the volume of applications also decreased. The rate ...
Electric boat manufacturer Arc Boat is expanding into commercial marine, creating new opportunities for asset-based financing as electric boat adoption increases. The Los Angeles-based ...
Wall Street has been pouring into private credit, fueling rapid growth in firms’ portfolios of loans to non-banks. Lending to ...
Tanya Lewis Auto Finance News is pleased to announce that Tanya Lewis, senior attorney at Snell and Wilmer, will join a ...
Auto asset-backed securities spreads have widened in the month since the start of the Iran war, with reports this month ...
AI-driven auto lender Lendbuzz is projecting a rise in originations in 2026 as it expands its near-prime consumer base and leans on alternative ...