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Podcast: Carvana VP of finance talks rate cuts, profitability, sales growth 

Carvana has lowered its interest rates as its profitability, sales and finance volume improve. The Tempe,

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America’s Car-Mart debt deadline extended to June 19

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SOFR Index rises 4.1% YoY 

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PrimaLend faces second lawsuit over sale of failing BHPH portfolio

Buy here, pay here dealership Simple Auto is suing bankrupt lender PrimaLend Capital Partners, saying it

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Retailer West Marine closes 59 stores amid Chapter 11 proceedings

West Marine‘s Chapter 11 bankruptcy could result in as many as 95 shuttered locations, with 59

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Truist names Michael Lyons CEO to replace Bill Rogers 

Truist Financial named Michael Lyons its next president and chief executive officer effective Sept. 1, succeeding

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Credit Acceptance Corp. Names Joe Billante CFO 

Credit Acceptance Corp. has named Joe Billante chief financial officer to succeed Jay Martin. Martin will

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Extended terms driving refi applications

Specialty auto refinance lenders’ application volume has been rising as consumers extend their loan terms to

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Credit Union Auto Lending Surges

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