Tag: subprime financing

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 ...

Auto lender Flagship Credit Acceptance today announced an agreement to sell the business to specialty finance investment firm InterVest Capital Partners and will be ...

Prestige Financial Services on Nov. 20 will cease originations activity, according to an email the company is circulating to dealerships and that was obtained by Auto Finance News today.   The email ...

Auto finance lenders, dealers and consumers facing affordability and credit performance challenges are proving resilient.  This picture of resiliency prevailed ...

The growth rate of auto delinquencies slowed in the third quarter, while credit performance at banks may signal risk moving ...

Irvine, Calif.-based auto finance company Bayside Credit is no longer originating auto loans, representatives for the company confirmed to Auto ...

Auto Finance Summit 2025 shed light on how auto lenders are responding to challenges facing the wider market, including credit ...