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APR 48 Mos.
CarMax Auto Finance’s originations declined in the third quarter as the lender looked to improve collections and underwriting for better credit performance. Originations totaled $1.9 billion in the third quarter of fiscal 2025, which ended Nov. 30, down 0.6% year over year, while outstandings ticked up 1.5% YoY to $17.8 billion, according to the lender’s […]
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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
