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Lenders face steeper deficiency balances as repo levels climb 

With auto repossessions nearing a record 2 million units this year, the influx of vehicles at

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Camping World F&I revenue rises 7.2% YoY in Q3

RV retailer Camping World’s finance and insurance revenue rose year over year in the third quarter,

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Carvana’s 9,000% rally faces profit test as used-car woes mount

The used-car industry isn’t exactly on firm footing, going by recent events. A major lender went

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Fed cuts rates quarter point, sets end to balance-sheet runoff

Federal Reserve officials delivered their second consecutive interest-rate reduction to support a softening labor market, and

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CarMax cuts about 350 customer service jobs after weak earnings

CarMax Inc. is laying off hundreds of customer experience center employees, about a month after the

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Subprime lender First Help Financial put on watch for ratings downgrade 

Kroll Bond Rating Agency is eyeing a potential uptick in losses across subprime auto lender First

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Judge: Tricolor trustee may use $275K to pay insurance costs

Tricolor Holdings trustee Anne Burns can use up to $275,000 of the company’s cash to keep

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CAC’s Ken Booth to retire, new CEO named 

Credit Acceptance Corp. today named a new chief executive and president to replace the retiring Kenneth

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Credit Union Auto Lending Surges

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