Tag: Premium

Consumer Portfolio Services plans to grow its prime lending program in 2026 after securing a $900 million forward-flow agreement.  The expansion is a ...

AI-powered lending platform Upstart is applying to form a national bank insured by the FDIC to reduce costs and offer lower rates to borrowers.   ...

EV maker Lucid Motors will open more locations in Europe and begin production on more affordable midsize models by late ...

Overall auto credit availability improved in February, driven by increased subprime borrowing and more longer-term loans, despite a decline in ...

Carvana has issued its first auto asset-backed securitization deal of 2026, and it’s the retailer’s first to include new-vehicle loans.   The online car retailer came to market with a $1.1 billion prime ...

U.S. auto dealers are entering the spring selling season with growing optimism despite continued pressure from affordability challenges, weak dealership traffic and ...

Consumer Portfolio Services’ originations declined in the fourth quarter and the full year as the financier prioritized margins and credit health.  The ...

Lenders anticipate more auto loan activity and improved credit health in the short term as customers receive 10% larger tax ...