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Octane sells $340M powersports, outdoor equipment loan portfolio 

Powersports lender Octane added another capital partner with its sale of a $340 million portfolio of

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Auto Finance Summit 2026 agenda is live 

The 26th annual Auto Finance Summit returns Oct. 5-7 to Caesars Palace Las Vegas, providing attendees

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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

Buy here, pay here retailer America’s Car-Mart has received another extension to address its almost $900

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SOFR Index rises 4.1% YoY 

The Secured Overnight Financing Rate Index, which tracks the cumulative compounded effect of short-term funding costs

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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

  • Auto Finance News, AI-assisted
  • June 15, 2026

Credit Union Auto Lending Surges

David Thompson

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