Tag: subprime

Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime and near prime borrowing. ...

Buy here, pay here businesses are facing persisting scrutiny from the traditional banks that provide the warehouse lines and bridge financing needed to continue their operations.   The collapse of subprime lender Tricolor in September 2025 ...

U.S. auto loan asset-backed securities posted lower month-over-month losses in May for both prime and subprime segments despite weaker vehicle recoveries.  ...

Nicole Harris said after she and her ex-husband separated, he got the family car and left her saddled with debt ...

PenFed Credit Union came to market with its first auto asset-backed securitization deal of 2026, joining several financiers that issued deals ...

Subprime lender Midwest Acceptance is creating a used EV financing program in anticipation that more affordable, 3- to 5-year-old EVs ...

Private credit firm Edge Focus is launching a joint venture with a large private credit manager to purchase as much as ...

Subprime borrowers are struggling to meet subprime auto lenders’ existing credit standards as vehicle prices rise and consumers struggle to ...