Tag: subprime financing

The auto finance industry continues to navigate heightened economic uncertainty as the Iran war drives oil prices higher, adding pressure to consumers already facing ...

Warburg Pincus is in the early stages of weighing a sale of subprime auto lender Exeter Finance that could fetch ...

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

Despite a rise in subprime financing share in the fourth quarter of 2025, affordability remains a key focus for auto ...

Lender FinBe USA is no longer originating auto loans following its sale by Bepensa Capital at the end of 2025, prompting some layoffs.   Mexico City-based Bepensa announced on Dec. 26, 2025, that it ...

Credit Acceptance Corp.’s originations declined in the fourth quarter as the company eyes growth with franchise and large independent dealers alongside AI ...

In Ken Booth’s more than 20 years at Credit Acceptance Corp., he has focused on technology enhancements, portfolio growth, and ...

Early-stage delinquencies rose across prime and nonprime securitized auto loans in October, while net losses improved, and auto asset-backed securitization ...