Tag: auto originations

CarMax Auto Finance increased its provision for credit losses due to an uptick in expected losses, while originations ticked down ...

Vroom plans to expand United Auto Credit originations in near prime following a pilot program as part of the company’s ...

AI-driven subprime auto lender Lendbuzz has secured $400 million in forward flow funding from alternative asset manager Viola Credit to ...

Tech-focused companies are looking for new ways to enter the auto space amid economic headwinds and fluctuating origination performances in ...

Vroom’s finance subsidiary United Auto Credit Corp.’s originations increased on a year-over-year basis as credit tightening contributed to improved portfolio ...

Subprime lender Credit Acceptance Corp. continued to set record portfolio highs in the second quarter as origination volume on a ...

Consumer Portfolio Services’ originations grew in the second quarter while credit performance weakened. The Irvine, Calif.-based lender’s originations rose 24.7% ...

Ford Credit’s earnings declined in the second quarter while the lender’s portfolio increased, and the captive resumed distributions to parent ...