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APR 48 Mos.
December saw the most subprime consumers at least 60 days late on their monthly auto payments in recorded history amid high vehicle financing costs. The rate of subprime auto 60-plus-day delinquencies rose 59 basis points (bps) year over year to 6.74% in December 2025, according to rating agency Fitch Ratings’ most recent data published earlier […]
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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
