Tag: subprime

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 ...

Subprime auto lenders are tightening credit standards as delinquencies rise, in part from delayed calls to repossess vehicles or slower ...

Buy here, pay here retailers are facing funding challenges in the wake of several subprime auto lender bankruptcies and rising ...

A mix of rising vehicle prices and lower interest rates has consumers making smaller down payments to save money elsewhere. ...

Canadian subprime lender goeasy has tightened standards and launched a six-point path to profitability following the announcement of hundreds of ...