Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Subprime auto lenders that serve borrowers with no FICO scores are tightening underwriting standards and shifting strategies to prioritize loan performance, particularly amid growing uncertainty around U.S. immigration policy. Irving, Texas-based Tricolor, which specializes in financing for Hispanic and undocumented borrowers, is actively moving toward more credit-visible customers. Currently, about 55% of Tricolor’s portfolio consists […]
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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
