Banks take on more nonprime auto financing in Q2
Banks financed more nonprime auto loans in the second quarter as more subprime borrowers enter the market and some lenders ...
Banks financed more nonprime auto loans in the second quarter as more subprime borrowers enter the market and some lenders ...
Rizz Lending is increasing its credit facility and drawing a larger portion of its warehouse line after surpassing $100 million in lifetime originations in July. The Riverton, Utah-based used ...
The US 10-year yield topped 4.75% on Monday for the first time since January 2025 as rising oil prices bolstered ...
Specialty finance companies and buy here, pay here retailers’ market share grew in the second quarter as nonprime borrowing led ...
Embedded insurance programs are boosting dealerships’ finance and insurance profitability while providing additional revenue streams for captives. Hyundai Capital ...
Credit Acceptance Corp. cut 6% of its staff as the Southfield, Mich.-based lender restructures its sales department to prioritize developing ...
Auto retailer Lithia Motors announced it has brought on Scott Cooke, the former chief executive of Toyota Financial Services, as ...
Despite residual forecasting challenges, cost barriers and incentive competition, captives and credit unions continue to mull used-vehicle leasing to grow ...