Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
NASHVILLE, Tenn. — Automotive Credit Corp. has seen a dip in average consumer FICO scores, leading to a lower capture rate for the subprime lender. “What we’re seeing now is some of the lowest FICO scores in 15 years, even factoring [score] migration,” Mike Opdahl, chief operating officer at Automotive Credit Corp. (ACC), said […]
Already subscribed? Log in
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
