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As DriveTime’s Losses Surge, Ally Financial Extends Credit Line

Ally Financial Inc. is opening a $750 million line of credit to make loans through DriveTime

Innovate Auto Finance to Service Subprime Portfolio Worth $50 Million

Innovate Auto Finance, a purchaser and servicer of vehicle loan portfolio, has been retained by a

Musa Aims to Update Leasing Process With ‘Unique’ Tech, CEO Says

Musa Auto Finance, a new and used-vehicle leasing company, plans to develop “unique” technology in 2018

Capital One Grows Auto Portfolio Despite 4Q Originations Decline

Capital One Auto Finance Inc. experienced a drop in fourth-quarter auto loan originations which mildly tempered

CPS Raises Concentration of Prime Credit Tiers in 2018 ABS Issuance

Subprime lender Consumer Portfolio Services Inc. increased its concentration of higher credit tiers in its latest

Huntington Grows RV, Marine Portfolio 32% Following State Expansion

Huntington Bancshares Inc. grew its RV and marine finance portfolio 32% year-over-year to $2.4 billion in

Bank of America Enters Car Subscription Space With Volvo

Bank of America is the finance provider for Volvo Cars’ new subscription service launched late last

Huntington Grows Auto Oustandings 9% in 2017 as Losses Lower

Huntington Auto Finance grew its full-year 2017 outstandings to $11.5 billion — a 9% increase compared

Credit Union Auto Lending Surges

David Thompson

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