Podcast: Lenders eye affordability, subprime finance as credit performance weakens
Auto lenders are homing in on key areas of underwriting to manage risk and grow in 2026 as the subprime ...
Tag: Carvana
Carvana originations jump 59%, Ally Financial agreement upsizedÂ
Carvana’s originations jumped 58.8% year over year in the third quarter and the retailer extended and increased its forward-flow deal ...
Carvana’s 9,000% rally faces profit test as used-car woes mount
The used-car industry isn’t exactly on firm footing, going by recent events. A major lender went bust just before a ...
Podcast: Carvana’s sales surge in Q2, Ford Credit, retailers’ results mixed
Auto companies saw mixed results in the second quarter related to sales and finance volume, as Carvana’s originations surged, Ford ...
Dealer new-vehicle inventory mixed in Q2Â
Inventory levels across the industry were mixed for new and used vehicles in the second quarter, evidenced by VIN-level data ...
Carvana originations soar 51%Â
Carvana’s second-quarter earnings showed significant gains in originations and sales. Originations totaled $3.1 billion, up 51.1% year over year and ...
Investment in auto fintechs totals $1.9B through June (Under the Hood)Â
Investors pumped $1.9 billion of capital into auto fintechs through June as the average transaction size inflated, according to an ...
AI debt collectors fare worse than humans
While loan servicers are eyeing AI to make collection calls cheaper and faster, a recent study suggests non-human debt collectors ...
