DALLAS — Credit performance remains “stable” for Marine One Acceptance Corp., which is why the nonprime lender is keeping its focus on maintaining the credit quality of its portfolio, President Martin Angel told Powersports Finance.
“We are happy with the performance of all of our products,” he said. The top priority for the company is the same every year: the credit quality and then managing that portfolio from a collections standpoint. “Everything else falls secondary to that … the credit is always the number one priority,” Angel added.