Tag: CarMax Auto Finance

Car dealerships are leaning on manual processes following consecutive cyberattacks against software provider CDK Global last week.  Dealers have been ...

CarMax Auto Finance plans to increase its penetration rate in lower credit tiers after affordability challenges continued to hamper sales ...

First-quarter earnings kicked off last week with banks reporting a decline in auto originations. Chase Auto and Wells Fargo Auto’s ...

Ongoing credit tightening at CarMax Auto Finance paved the way for allowance for credit loss reductions as the lender’s portfolio ...

CarMax Auto Finance’s originations and penetration rate declined during the third quarter of its fiscal 2024 as the financier tightened ...

CarMax Auto Finance logged a decline in origination volume in the second quarter of its fiscal year 2024 as elevated ...

CarMax Auto Finance is the latest auto lender to brace for an increase in delinquencies ahead of second-quarter earnings season ...

CarMax Auto Finance increased its credit loss provisions in its fiscal year 2024 first quarter due to “unfavorable” portfolio performance ...