Tag: nonprime

Leasing is picking up in tandem with incentives while used-vehicle values decreased in May — positive signs toward improving affordability.   ...

FORT WORTH, Texas — Rising insurance costs are burdening consumers, making it more difficult for borrowers to keep current on their auto ...

Automation fintech Open Lending has expanded its maximum auto loan terms as more consumers are priced out of the market.  ...

Delinquencies on subprime auto asset-backed securitization (ABS) transactions are normalizing against a backdrop of macroeconomic uncertainty that could result in ...

PLANO, TEXAS – Subprime auto lenders may have an opportunity to capture business from dealer groups who plan to build ...

Loan quality within auto securitizations is expected to weaken, driven by higher delinquencies and a potential economic slowdown, according to ...

American Car Center securitized $283 million of nonprime auto leases, its second transaction of the year and third overall. Moody’s ...

Oportun Financial raised $94 million in its initial public offering and sold 6.25 million shares at $15 per share, the ...