Tag: subprime financing

These are uncertain times for the auto finance market, especially for subprime consumers and lenders.  The affordability of capital and ...

Consumer Portfolio Services tightened credit considerably and raised interest rates in 2022 to protect margins amid rising costs of funds.   ...

Eight auto asset-backed securitization (ABS) issuers have either come to market this week or are gearing up to issue amid ...

Consumer Portfolio Services has closed its first asset-backed securitization deal of the year, a $324.8 million transaction backed by subprime ...

Subprime lender Arivo Acceptance has launched direct refinancing to expand its offering to more subprime and nonprime borrowers.  West Valley ...

MidAtlantic Finance Company is eyeing growth in 2023 on the heels of the best month the subprime lender has seen ...

Annualized net losses increased across prime and nonprime auto asset-backed securities (ABS) transactions in November as declining used-vehicle values contributed ...

Loan terms fell to an eight-year low in October across deep subprime auto asset-based securities (ABS) transactions in tandem with ...