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Axis originations down 49.6% YoY amid sale plans 

Axis Auto Finance’s originations declined in the first quarter of fiscal year 2025 as credit performance

  • Amanda Harris
  • November 18, 2024

Fed: Auto loan demand weakens, standards same (Big Wheels)

Consumer demand for auto loans fell in the third quarter as credit standards were largely unchanged.

  • Amanda Harris
  • November 15, 2024

Powersport sales down 6.3% year over year 

LAS VEGAS — Nearly three-quarters of powersport dealers reported their year-over-year sales fell in October, the

  • Ash Savage
  • November 15, 2024

The predictive qualities of vinegar dressing (Under the Hood) 

Lenders might soon have another tool in their arsenals to measure the creditworthiness of unbanked consumers:

  • Marcie Belles
  • November 15, 2024

CFPB points to ‘gaps’ in state data privacy laws 

The Consumer Financial Protection Bureau has expressed concern regarding potential gaps in new state consumer data

  • Amanda Harris
  • November 14, 2024

Synthetic identity fraud in auto applications up 5 bps YoY 

The volume of auto loans across all lending types containing synthetic identity fraud has increased year

  • James Van Bramer
  • November 14, 2024

Synthetic fraud uptick leads to stolen RVs 

LAS VEGAS — Synthetic fraud is revving up in the recreational vehicle space, leaving dealers at

  • Ash Savage
  • November 14, 2024

U.S. initial jobless claims dropped to lowest since May last week

Applications for US unemployment benefits fell to the lowest level since May last week, signaling there

  • Bloomberg News
  • November 14, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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