Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
CarMax Auto Finance’s originations and penetration rate declined during the third quarter of its fiscal 2024 as the financier tightened credit standards and used-retail sales slowed. Originations tallied $2 billion in the quarter ended Nov. 30, a decline of 9% year over year, according to the retailer’s earnings release. Outstandings clocked in at $17.1 […]
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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...
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David Thompson
David Thompson
David Thompson
