Tag: auto outstandings

U.S. Bank’s auto originations and outstandings declined year over year as the bank prioritizes high-margin loan growth.  Indirect loan and ...

Citizens One Auto Finance’s oustandings declined in the first quarter as the bank continues its trajectory to run $3 billion ...

PNC Financial’s auto portfolio shrank for the fourth consecutive quarter as enhanced scrutiny around rates and deposit investments put pressure ...

Wells Fargo Auto tallied a year-over-year decline in originations and outstandings in the first quarter amid tightening credit and pricing ...

Consumer Portfolio Services tightened credit considerably and raised interest rates in 2022 to protect margins amid rising costs of funds.   ...

Credit unions led the auto finance market in the fourth quarter, driven by competitive interest rates for new and used ...

Automation fintech Open Lending’s certification volume fell again in the fourth quarter as the company works to address affordability concerns ...

Mechanics Bank this week is exiting the indirect auto lending business and ceasing originations.  The bank will stop originating auto ...