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Tricolor’s losses fall 20% with new risk model 

LAS VEGAS — Tricolor Auto Acceptance has seen a 20% decline in losses since updating its

  • Amanda Harris
  • October 9, 2024

US average FICO score holds steady after first-in-decade fall

The average consumer credit score in the US has steadied after its first slip in a

  • Bloomberg News
  • October 9, 2024

CPS application volume jumps 16% from yearend 

LAS VEGAS — Subprime lender Consumer Portfolio Services’ application volume is up nearly 16% compared with

  • Ash Savage
  • October 8, 2024

Prolonged high interest rates will affect auto finance risk appetite

LAS VEGAS — Prolonged high interest rates will affect lender appetite in the near term, even

  • James Van Bramer
  • October 8, 2024

Fabien Thierry: Bank of America refi activity picks up steam 

LAS VEGAS — Bank of America is seeing an uptick in auto refinance activity on the

  • Amanda Harris
  • October 8, 2024

Manheim Used Vehicle Value Index down 5.3%  

Wholesale used-vehicle values fell year over year in September across every market segment. The Manheim Used

  • James Van Bramer
  • October 7, 2024

CFPB takes aim at add-on products in today’s report 

The Consumer Financial Protection Bureau’s latest supervisory report released today focused on auto loan originations practices,

  • Amanda Harris
  • October 7, 2024

Interest rates, leasing and sales dynamics: 3 themes at Auto Finance Summit 

LAS VEGAS — Auto lenders and manufacturers are still navigating high interest rates despite positive movement

  • James Van Bramer
  • October 7, 2024

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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