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Canadian subprime lender goeasy has tightened standards and launched a six-point path to profitability following the announcement of hundreds of millions in net charge-offs in the fourth quarter. The Mississauga, Ontario-based financier’s net charge-offs increased to 23.8% in Q4 2025, up from 9.2% in Q4 2024, according to its earnings presentation published April 1. 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
