Tag: AFS25

AI debt collectors are performing at rates comparable to human agents for some auto lenders. Since subprime lender Consumer Portfolio ...

As the market calls for more transparency, auto lenders should assist potential investors in understanding their business model to avoid ...

Investors are seeking more transparency following Tricolor’s Chapter 7 bankruptcy filing last month, which has also prompted several auto lenders ...

Mercedes-Benz Financial Services USA is developing a tool to stop the automatic approval of auto loan applications with a high ...

Auto lenders are eyeing automated tools and AI for information on borrowers’ habits and repayment history. Tysons, Va.-based PenFed Credit ...

Consumers remain resilient despite affordability pressures, with more middle-income Americans considering a vehicle purchase than a year ago, Betty Jotanovic, ...

GM Financial’s originations fell in the third quarter as its market share for new-vehicle loans and leases declined.  The captive’s ...

Despite tariff headwinds, affordability concerns and the closure of some subprime lenders, auto asset-backed securitizations showed resilience in October. Auto ...