Amanda Harris, Author at Auto Finance News

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

Securitized auto loan delinquencies trail wider market

Delinquencies and net losses rose across securitized prime and nonprime

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

Rising rates could push up delinquencies

Rising interest rates could add to already elevated delinquencies in

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

AI-driven chatbots pose compliance challenge

Auto lenders’ use of artificial intelligence-driven chatbots could open the

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

Auto finance balance growth tapers in Q1

The average amount consumers finance on vehicle purchases is leveling

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

Podcast: ‘Weekly Wrap’ discussion on loan and leasing trends

Loan terms are shortening, leasing is making a return and

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

Cash payments, 48-month loans pick up steam in Q1

An uptick in cash purchases contributed to a decline in

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls

US employers unexpectedly cut jobs in July and hiring in the prior two months was revised lower, suggesting the labor...

Lease share slow to normalize

Leasing continues to crawl back but isn’t likely to reach

Wholesale vehicle prices rose 1.3% YoY in July

While used-vehicle prices climbed year over year in July, seasonal depreciation contributed to lower values on a month-over-month basis. The...

Fed: Auto loan demand weakens, standards stable (Big Wheels)

While banks largely held underwriting standards steady for auto loans in the second quarter, consumer demand weakened. A "moderate net...

Two powersports lenders close funding deals in early August

Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured...

US employers unexpectedly shed jobs; Unemployment rate falls