Tag: auto outstandings

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 ...

Canadian subprime lender Axis Auto Finance’s portfolio reached a record in the second quarter of fiscal year 2023 despite a ...

Demand for auto loans significantly weakened in the fourth quarter as banks tightened credit standards amid widening spreads.   A “moderate ...

Canadian fintech lender Axis Auto Finance is looking to purchase auto loan portfolios on the heels of its $17.2 million ...

Rising interest rates and competitive pricing have caused auto lenders to cut back on originations as the majority of banks ...

A dip in financing margin along with lower credit loss and lease residual releases contributed to an 82.1% year-over-year decline ...