Tag: earnings

Direct loan originations for Nicholas Financial increased 18% year over year to $2.4 million in principal balances in the first ...

Carvana is “continuing to maintain significantly tighter” underwriting standards than before the pandemic, Chief Executive Ernie Garcia III said during ...

Credit Acceptance Corp.’s forbearance and deferral rates have dropped to below pre-pandemic levels after improving “pretty dramatically in May” and ...

BMW AG’s loss-making automotive division dragged the company into the red for the first time in more than a decade, ...

Auto lending hasn’t been this pressed in 15 years. According to the Federal Reserve, auto lending underwriting standards have not ...

Ford Motor Credit outpaced expectations in Ford’s overall second-quarter performance, cementing it as a “pillar of strength” for the company with a ...

GM Financial has experienced positive payment trends from its consumers with accounts in deferral, pushing down early stage delinquencies last ...

Santander Consumer USA joins more than eight other lenders in upping its allowance for credit losses on a quarterly basis ...