Tag: sameday auto finance

Subprime borrowers are struggling to meet subprime auto lenders’ existing credit standards as vehicle prices rise and consumers struggle to ...

Subprime auto lenders are tightening credit standards as delinquencies rise, in part from delayed calls to repossess vehicles or slower ...

Auto lenders are eyeing automated tools and AI for information on borrowers’ habits and repayment history. Tysons, Va.-based PenFed Credit ...

Auto Finance News is pleased to announce that Armando Hidalgo, director of servicing at SameDay Auto Finance, will join a ...

As two subprime lenders are pausing or shuttering business, lenders say the success gap between small- and large-scale lenders may ...

Subprime lenders looking to regain momentum in 2025 are expressing measured optimism as they navigate consumer stress and uncertainty in ...

SameDay Auto Finance expects originations to rise in the second quarter after a deliberate slowdown earlier this year to prioritize ...

While the Federal Reserve cut the federal funds rate on Sept. 18, it will take time for the impact of ...