Tag: subprime financing

The auto finance sector is showing signs of improving affordability and resilient loan production amid gradual dips in vehicle prices ...

Leasing is picking up in tandem with incentives while used-vehicle values decreased in May — positive signs toward improving affordability.   ...

Homeowners pose an opportunity for auto lenders in the Canadian market as tightened credit standards and high interest rates limit ...

Consumer Portfolio Services‘ originations declined year over year, but the subprime lender’s portfolio grew as it secured additional capital and ...

Avid Acceptance has expanded into its lower credit tiers after originations plummeted in 2023 amid a focus on higher-quality applications.  ...

AI-based auto lender Lendbuzz’s default rate doubles when the lender expands into a new region, prompting updates to the financier’s ...

Flagship Credit Acceptance laid off an undisclosed number of people on April 18 citing challenging market conditions.   The Chadds ...

Lendbuzz signed an additional forward flow partner this week as the lender continues to diversify its funding strategy amid targeted ...