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Home » UACC originates 40% of Vroom loans

UACC originates 40% of Vroom loans

Vroom digitalizing financing STIPS validation

Amanda HarrisbyAmanda Harris
November 9, 2023
in Earnings
Reading Time: 3 mins read
0
Tom Shortt on stage at Auto Finance Summit 2023

Vroom CEO Tom Shortt takes the stage at Auto Finance Summit 2023

United Auto Credit’s penetration rate improved in the third quarter as parent company Vroom’s finance and insurance revenue jumped as the retailer focused on growing its captive finance capabilities.  While Vroom did not break out UACC-specific originations in Q3, Chief Executive Tom Shortt said today during the company’s earnings call that UACC originated more than […]

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Tags: auto originationsauto outstandingse-commercefinance and insurancePremiumUnited Auto CreditVroom
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