Subprime customers have the “appetite” for the latest Harley or Kawasaki, and lenders are beginning to see that, Scott Brackin, FactorTrust’s auto finance segment leader, told Auto Finance News.
Vehicle Sales
AFN Composite Index
-0.8%
Inventory Index
SOFR (WoW)
New-vehicle APR 60 Mos.
Subprime customers have the “appetite” for the latest Harley or Kawasaki, and lenders are beginning to see that, Scott Brackin, FactorTrust’s auto finance segment leader, told Auto Finance News.
Lenders are considering more involved training and monitoring for compliance...
Auto lenders are increasingly using consumer banking data and other...
EV manufacturer Rivian secured a $1 billion, 10-year term loan...
When it comes to purchasing a motorcycle, boat or RV today, consumers are increasingly looking for products that have already...
Auto lenders are turning to the asset-backed securitization market to lock in capital ahead of potential late-year interest rate volatility...
Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow...
Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
David Thompson
David Thompson
David Thompson
Join industry professionals who start their day with our curated auto finance news.
EV Finance