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Bloomberg News
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DLL closes first ABS deal of 2023

Vendor financier DLL closed its first asset-backed securitization deal of 2023 on Feb. 2 — an

  • Johnnie Martinez II
  • February 9, 2023

Auto loan demand weakens ‘significantly’ in Q4, Fed reports 

Demand for auto loans significantly weakened in the fourth quarter as banks tightened credit standards amid

  • Amanda Harris
  • February 8, 2023

Axis Auto Finance actively seeking portfolio purchases

Canadian fintech lender Axis Auto Finance is looking to purchase auto loan portfolios on the heels

  • Riley Wolfbauer
  • February 8, 2023

Equifax completes credit database cloud migration

Consumer credit reporting agency Equifax finished migrating its credit database to the cloud in mid-January as

  • Joey Pizzolato
  • February 8, 2023

Wells Fargo to pay $300 million to settle car insurance suit

Wells Fargo & Co. will pay $300 million to settle a lawsuit claiming it improperly charged

  • Bloomberg News
  • February 8, 2023

Used-vehicle values rise in January, bucking expectations

Used-vehicle values increased sequentially in January on both a seasonally and non-seasonally adjusted basis as used

  • Joey Pizzolato
  • February 7, 2023

Banks continue auto lending cut back in Q4

Rising interest rates and competitive pricing have caused auto lenders to cut back on originations as

  • Riley Wolfbauer
  • February 7, 2023

Used EV financing volume jumps 45% YoY 

The volume of used electric vehicles financed jumped 45% year over year in 2022, with credit

  • Amanda Harris
  • February 7, 2023

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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