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Lower-credit consumers rejected by subprime auto lenders amid vehicle price hikes

Subprime borrowers are struggling to meet subprime auto lenders’ existing credit standards as vehicle prices rise

  • Aidan Bush
  • June 9, 2026

JPMorgan Chase vet McClure joins Capital One as financial services division counsel 

Capital One in June named Sean McClure its managing vice president and chief counsel for the

  • Amanda Harris
  • June 9, 2026

Auto ABS issuers add more 72- and 84-month loans in deals

Lenders are increasingly packaging auto loans with terms of 72 months or longer into asset-backed securities

  • C.J. Moore
  • June 9, 2026

FIS, Fuse partner on auto, equipment finance origination platform

FIS and cloud-native lending technology provider Fuse have formed a strategic alliance to offer a modern

  • Auto Finance News, AI-assisted
  • June 9, 2026

NMAC issuing lease buyout refunds following settlement with New York AG 

Nissan Motor Acceptance Co. will provide refunds to New Yorkers who were overcharged when buying out

  • Auto Finance News, AI-assisted
  • June 9, 2026

GM Financial president IDs 2026 nonprime headwinds, tailwinds

Subprime borrowing demand is rising as consumers can no longer afford maintenance costs on their existing

  • Aidan Bush
  • June 8, 2026

Fitch: Consumer spending predicted to slow to 1.7% in 2026

U.S. economic growth likely will cool in 2026 as consumer spending weakens and global oil prices

  • C.J. Moore
  • June 8, 2026

Dort Financial CU extends terms for add-on products amid high costs 

Dort Financial Credit Union is allowing for term extensions so consumers can afford to add back-end

  • Amanda Harris
  • June 8, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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