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Subprime loan issuance climbed year over year in July but fell month over month as prime consumer demand wanes. The share of auto loans issued to subprime borrowers ticked up 1.6% year over year, Jonathan Gregory, senior manager of economic and industry insights at Cox Automotive, told Auto Finance News. The share of loans issued […]
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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
