Vehicle Sales
AFN Composite Index
Consumer Sentiments
SOFR
APR 48 Mos.
Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the second quarter rose year over year, while the bank’s overall digitally enabled sales increased. Net charge-offs across Bank of America’s indirect and direct consumer lending book stood at a rate of 0.19%, up 2 basis points (bps) year over year and down 7 bps quarter over quarter, according to today’s earnings […]
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
