Upstart originates first $10M in retail loans
Artificial intelligence (AI)-based lending marketplace Upstart’s financing partners in the second quarter originated the platform’s first $10 million in auto ...
Artificial intelligence (AI)-based lending marketplace Upstart’s financing partners in the second quarter originated the platform’s first $10 million in auto ...
Last week the auto finance industry entered the tail end of second-quarter earnings season as used-vehicle values depreciated for the ...
Banks’ credit standards on auto loans held steady in the second quarter amid weakening demand for auto financing as they ...
Nicholas Financial’s indirect and direct originations climbed year over year in the first quarter as the lender focuses on underwriting ...
GM Financial’s originations ticked up sequentially despite an industrywide slowdown in sales as new-vehicle inventory remains constrained and interest rates ...
Consumer Portfolio Services nearly doubled its portfolio year over year in the second quarter on the heels of expansion into ...
Capital One is the latest lender to intentionally back off auto lending in the second quarter as interest rates rise, ...
Fifth Third Bank’s auto outstandings declined in the second quarter as the bank plans to further lower auto loan production ...