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Pagaya raises auto loan rates by 140 bps 

Fintech improved auto loan portfolio collateral quality 

Amanda Harris

Pagaya Technologies reported continued improvement in its auto portfolio quality with higher borrower income and lower vehicle mileage and age in the third quarter as investor demand remained robust.  “Part of our strategy [is] to increase … our ability to originate better and better collateral,” Chief Executive Gal Krubiner said on the company’s Oct. 29 […]

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