Tag: nonprime

While credit access improved in May and vehicle prices were steady, affordability remained a concern, especially for credit-challenged consumers who ...

Nonprime auto buyers are finding creative ways to strengthen their credit and secure down payments for vehicles.  As the resumption ...

Amid increased vehicle values, a rise in vehicle repossessions and continued tariff-induced uncertainty, Auto and powersports players are implementing new ...

Several captive finance companies issued auto asset-backed securitization transactions in February as prime and nonprime issuance increased year over year.  ...

Near prime and nonprime consumers are seeing some relief from affordability challenges in the automotive industry following rate cuts by ...

The automotive industry is showing signs of stabilization for nonprime and near prime consumers following recent rate cuts by the ...

Sixty-plus-day delinquencies reached the highest July level since at least 2011 as losses across prime and nonprime securitized auto loans ...

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