CPS’ originations fall 12.3% in Q3
Consumer Portfolio Services’ originations decreased in the third quarter due in part to credit tightening. The subprime lender’s purchased contracts,...
Consumer Portfolio Services’ originations decreased in the third quarter due in part to credit tightening. The subprime lender’s purchased contracts,...
Vroom subsidiary United Auto Credit Corp.’s indirect originations increased in the third quarter as the lender’s portfolio shrank due to...
Open Lending’s certified loan volume decreased in the third quarter as the automation fintech tightened underwriting and prepared to roll...
EV makers Lucid Motors and Rivian saw soaring deliveries in the third quarter, despite ongoing production headwinds. Lucid’s deliveries jumped...
AI-powered lending platform Upstart’s auto originations soared 357.1% year over year in the third quarter despite tightened lending standards. Upstart...
Harley-Davidson Financial Services’ originations and operating income rose in the third quarter as the captive pushed forward on its multibillion...
Credit Acceptance Corp.’s originations decreased in the third quarter as the subprime lender faces increased competition and worse-than-expected loan performance. ...
Carvana’s originations jumped 58.8% year over year in the third quarter and the retailer extended and increased its forward-flow deal...
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