Tag: auto originations

The collapse of subprime auto lender Tricolor contributed to $170 million in charge-offs in the third quarter for JPMorgan Chase, ...

Tricolor Auto Acceptance is not responding to reports that the subprime lender has furloughed employees and suspended operations amid financial ...

Credit unions gained auto finance market share in the second quarter in tandem with growth in their auto portfolios during ...

Bank of America’s auto originations climbed in the second quarter as the bank eyes strategic growth across its three business ...

Credit unions are cautiously optimistic as auto portfolios grow, but inflationary pressures, tariffs and tightened standards are expected to dampen ...

Vroom subsidiary United Auto Credit Corp.’s originations dipped year over year in the second quarter as net loss declined.  Originations ...

Automotive Credit Corp. today announced that it is pausing originations activity indefinitely, effective immediately.  The Southfield, Mich.-based subprime lender is ...

Pagaya Technologies’ auto portfolio grew in the second quarter following the fintech’s launch of new underwriting capabilities and improved credit ...