Nonprime auto lending grows to 31.6% of market in Q1
Subprime auto retailers reported year-over-year sales increases, while banks lent more YoY to lower-credit borrowers in the first quarter as ...
Subprime auto retailers reported year-over-year sales increases, while banks lent more YoY to lower-credit borrowers in the first quarter as ...
Bogged down by debt, buy-here, pay-here lender Synergy Capital Auto Lending filed for Chapter 11 bankruptcy protection in the Western District of Texas on ...
Buy here, pay here retailers are facing funding challenges in the wake of several subprime auto lender bankruptcies and rising ...
Rising affordability concerns may help buy here, pay here retailers attract consumers with stronger credit in 2026. As vehicle prices ...
Buy here, pay here dealership Oak Motors is slowing approval of credit applications as long-term affordability concerns persists and despite increased ...
Subprime lenders are weighing the risks and benefits of protecting assets through force-placed insurance as credit-challenged borrowers face continued affordability ...
Agora Data plans to grow its origination volume by tapping into opportunities in the “buy here, pay here” space as ...
An oversupply of performing loan portfolios for sale from buy here, pay here dealers coupled with a decrease in potential ...