Low-cost financing spurs CAC’s largest ABS deal
Lower base rates and attractive credit spreads in the auto ABS market have helped usher in Credit Acceptance Corp.’s largest ...
Lower base rates and attractive credit spreads in the auto ABS market have helped usher in Credit Acceptance Corp.’s largest ...
Increasing vehicle prices have long spurred car buyers to hunt for affordable monthly payments, but now that ability to repay ...
Credit Acceptance Corp.’s forbearance and deferral rates have dropped to below pre-pandemic levels after improving “pretty dramatically in May” and ...
What a difference a few months make. Last year, subprime lenders outpaced banks, captives and credit unions at a rate ...
Credit Acceptance Corp. has suspended its first-quarter earnings report due to the “adverse impact” the COVID-19 crisis has had on ...
The auto finance sector has been pressured from all sides since COVID-19 took root in the U.S. With vehicle production ...
Auto asset-backed securities volume is growing this year, with volumes outpacing last February’s levels to reach $22 billion, a near ...
Auto lenders brought more than $6.4 billion in asset-backed securities to market this week, in transactions backed by prime and ...