Upstart auto originations plummet amidst lender caution
AI-driven lending platform Upstart’s auto originations declined significantly in the fourth quarter as high interest rates caused lenders to scale ...
AI-driven lending platform Upstart’s auto originations declined significantly in the fourth quarter as high interest rates caused lenders to scale ...
While affordability improved in January, credit availability worsened as lenders tightened credit standards and approval rates declined. Credit access decreased ...
Stellantis Financial Services continued to grow its U.S. portfolio in the fourth quarter as the captive’s parent company, Stellantis NV, ...
Canadian subprime lender Axis Auto Finance tightened credit parameters in the second quarter of its fiscal year 2024 ending Dec. ...
Retailers’ finance and insurance revenue was mixed in the fourth quarter as floorplan interest expense jumped at every major retailer ...
Advances in digitalization and machine learning are sparking a need for lenders to revisit operational risk management protocols. In the ...
AutoNation Finance’s origination volume jumped 74% sequentially in the fourth quarter as the retailer launched captive financing at nearly all ...
US consumer prices jumped at the start of the year, dashing hopes for a continued drop in inflation and likely ...