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Commonwealth CU originations tracking up 16.3% year over year 

Commonwealth Credit Union is on pace to grow its origination volume by double digits year over

CPS eyes ‘organic growth’ in 2025 

Subprime lender Consumer Portfolio Services is building its sales force as the company prepares for organic

Inside Octane’s RideNow Finance launch 

Octane Lending’s latest endeavor with powersports retailer RideNow is in line with its efforts to support

New-vehicle average price up 1.7% YoY (Big Wheels) 

New-vehicle prices and incentives increased in October as average prices still hover near $50,000. The average

US inflation stays firm for third month with 0.3% core CPI gain

US inflation remained firm in October, underscoring the ongoing risks Federal Reserve officials face in trying

Vroom to repackage debt ahead of bankruptcy filing 

Vroom is restructuring its debt as it prepares to file for bankruptcy protection on the heels

Industrywide originations rise 1% YoY 

Auto originations saw a modest increase industrywide in the second quarter despite ongoing affordability challenges. Auto

Auto loan rates fall following Fed rate cut (Big Wheels) 

Auto loan interest rates on new and used vehicles fell year over year in October. The

Credit Union Auto Lending Surges

David Thompson

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