CPS sees decline in Q4 originations amid low-interest competition
Consumer Portfolio Services prioritized credit quality over loan volume during the COVID-19 pandemic, leading to decreased origination volume in the ...
Tag: covid19
Subprime sinks in Q3, auto originations move closer to pre-pandemic levels
Despite auto originations climbing back to near pre-pandemic levels in the third quarter of 2020, subprime loans continue to decline ...
Embracing 2021: Dealers speak out
Auto dealers are embracing this year with cautious optimism amid vaccines, open showrooms and improving inventory levels. In spring 2020, ...
The second wave: Axis Auto president takes pandemic lessons to heart
Ilja Troitschanski Much of the world is dealing with another wave of widespread coronavirus cases. For ...
Subprime stocks rebound on partnerships, digital efforts
Subprime auto finance company stocks were pummeled by investors in the early days of the pandemic amid worries that consumers ...
HOG to launch certified pre-owned program
Harley-Davidson is launching a certified pre-owned (CPO) program as part of the company’s focus on profitability following consistent declines in ...
Auto refinance startup raises $10M to capitalize on growing industry
Fintech startup MotoRefi has received $10 million from investors to aid the company’s growth, which points to the opportunity digital ...
Focus on what’s important: Lessons of 2020
The year 2020 was a rollercoaster ride for all of us. As the auto finance industry sets its sights on ...
