Tag: nonprime

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

The auto finance industry is showing slight improvements in affordability and loan production while worsening credit performance and inflationary pressures ...

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 ...