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PenFed Credit Union issues first auto ABS deal of 2026

PenFed Credit Union came to market with its first auto asset-backed securitization deal of 2026, joining

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Republic Finance joins J.C. Flowers-Nowlake portfolio as CVC exits

Consumer loan provider Republic Finance agreed to be acquired by an investor group led by private

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Auto insurance 6-month premiums jump 7.5% YoY in May

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First-time car buyers facing financing challenges as lenders pull back 

It is becoming increasingly difficult for first-time car buyers to secure financing amid higher interest rates,

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Independent dealers tie inventory sourcing to affordability, loan approval

Independent dealers are facing a tougher inventory equation in 2026: Customers need vehicles, but affordability pressures,

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AI the biggest transformer of auto finance in 3-5 years, execs say 

AI is evolving from an internal cost-cutting tool into a driver of predictive customer outreach and

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Dealers are ‘last line of defense’ as auto fraud grows more sophisticated

Auto finance fraud is becoming more sophisticated as organized crime rings use AI, synthetic identities and

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Credit Union Auto Lending Surges

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