Federal Reserve announces emergency meeting on auto lending regulations • Click for details

Vehicle Sales

0
+ 0 %

AFN Composite Index

0
+0.44%

Consumer Sentiments

0
+ 0 %

SOFR

0
+ 0 %

APR 48 Mos.

0
+ 0 %

Prestige Financial Services reportedly lays off some staff

Purported layoffs come amid struggling subprime market

Auto Finance News

Lender Prestige Financial Services reportedly laid off several employees in early November, according to posts from former employees. The Draper, Utah-based lender laid off staff as recently as Nov. 4, according to LinkedIn posts from former Prestige employees. Prestige has between 501 and 1,000 employees, according to LinkedIn. The scope of the layoff remains unclear, […]

Already subscribed? Log in

Related Posts

Bank of America consumer vehicle net charge-offs tick down

Johnnie Martinez II

CarMax Auto Finance originations down 1.5%

David Thompson

Wells Fargo Auto originations soar 110% YoY

David Thompson

Chase Auto originations down 3% YoY

David Thompson

Subscribe To Our Email Newsletter

Join industry professionals who start their day with our curated auto finance news.

* indicates required

By clicking submit below, you consent to allow Auto Finance News (Royal Media Group) to store and process the personal information submitted above to provide you the content requested.

For more information please visit www.royalmedia.com/legal.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices.

Sponsored

Tesla announces new fleet financing program

EV Finance

Subscribe to Our Newsletters

PowerSports Finance - Monthly coverage of the powersports lending market