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Auto loan rejection rates soared to the second-highest percentage recorded for October in more than a decade amid rising consumer affordability headwinds. The percentage of respondents who applied for auto loans over the past year and were denied in October hit 15.2%, compared with 14.2% in October 2024 and 6.7% in June, according to the […]
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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
