Auto finance industry paints picture of resilience despite pressures
Auto finance lenders, dealers and consumers facing affordability and credit performance challenges are proving resilient. This picture of resiliency prevailed ...
Tag: subprime financing
Auto 60-plus-day DQs up 4 bps
The growth rate of auto delinquencies slowed in the third quarter, while credit performance at banks may signal risk moving ...
Another subprime lender, Bayside Credit, stops originating loans
Irvine, Calif.-based auto finance company Bayside Credit is no longer originating auto loans, representatives for the company confirmed to Auto ...
Podcast: Auto Finance Summit 2025 highlights industry strength, challenges
Auto Finance Summit 2025 shed light on how auto lenders are responding to challenges facing the wider market, including credit ...
Consumer Portfolio Services’ Mike Lavin joins Auto Finance Summit 2025
Auto Finance News is pleased to announce that Mike Lavin, president at Consumer Portfolio Services, will join a session on ...
Subprime lender sentiment mixed amid market share dip
Outlooks were mixed among subprime lenders in the second quarter, with some concerned about consumer affordability, while others were optimistic ...
Share of subprime borrowers up 1.6% YoY
Subprime loan issuance climbed year over year in July but fell month over month as prime consumer demand wanes. The ...
FinBe revamps underwriting program with data, AI, ML
Subprime auto lender FinBe USA is incorporating AI, machine learning, fraud prevention and additional data into its risk-based pricing and ...
