Tag: subprime financing

Dealerships that target deep subprime consumers are seeing stagnation in add-on product sales as lenders tighten credit standards.   A ...

Westlake Financial is looking to shore up its liquidity to prepare for additional growth in 2024 as others in the ...

An uptick in auto asset-backed securities issuance by small, newer subprime issuers in recent years contributed to an increase in ...

Delinquencies and net losses continued to climb across prime and nonprime securitized auto loans in September as spreads widened in ...

Human connection is key to improving collections in an environment marked by inflationary pressures and deteriorating credit performance.  Subprime borrowers ...

Inflation, deteriorating credit performance and worsening affordability have prompted subprime auto lenders to tighten lending requirements to better manage risk.   ...

Prime consumers have dominated electric vehicle purchases and financing, but for adoption to reach OEM benchmarks, near-prime and subprime consumers ...

Higher interest rates are just one challenge facing consumers and affecting their ability to make their car payments.   Auto ...