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Subprime lender PrimaLend’s unpaid creditors eye bankruptcy push

Creditors of PrimaLend, which provides financing to auto dealerships that cater to subprime borrowers, are weighing

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Auto Finance Excellence Awards 2025 honor leadership, innovation, performance 

LAS VEGAS — Auto Finance News presented the 21st Annual Auto Finance Excellence Awards during a

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Subprime ABS spreads widened after Tricolor bankruptcy

LAS VEGAS — Subprime auto asset-backed security spreads widened in early October in the wake of

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Auto market ‘resilient’ amid subprime woes 

LAS VEGAS — The auto market is proving resilient despite the downward trend the subprime market

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GM Financial to pilot dealer-facing digital app 

LAS VEGAS — GM Financial will soon roll out an app for dealers to allow them

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Subprime lender Global Lending Services to be acquired by Sixth Street

Subprime auto lender Global Lending Services announced today that global investment firm Sixth Street will acquire

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Bank of America indirect consumer NCOs dip in Q3 

Credit performance across Bank of America’s direct and indirect consumer portfolio improved in the third quarter

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Subprime market, fraud and AI: 3 themes to watch at Auto Finance Summit 2025 

LAS VEGAS — The subprime market is split as some lenders expand and others shutter or

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Credit Union Auto Lending Surges

David Thompson

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