Tag: auto outstandings

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 ...

Subprime auto lender Credit Acceptance Corp. grew both the number and value of its consumer loan assignments in Q4 2022 ...

Earnings season has so far been marked by declines in lenders’ auto portfolios, while Tesla reported a decrease in leasing ...

Auto outstandings at U.S. Bank fell for the fourth consecutive quarter while delinquencies inched up.  The bank’s auto outstandings totaled ...

Capital One intentionally pulled back on auto loan production for the third consecutive quarter, while credit performance normalized toward pre-pandemic ...