subprime Archives

A Tricolor dealership in Houston, Texas, US, on Thursday, Sept. 11, 2025. Tricolor Holdings, a used car seller and subprime lender that focuses on undocumented immigrants in the US Southwest, filed to liquidate in bankruptcy. US prosecutors are also looking into allegations of fraud by the company.

The collapse of subprime auto lender Tricolor Holdings has asset-backed securitization and subprime auto players divided on whether it’s a ...

Global Lending Services CCO joins Auto Finance Summit 2025

PrimaLend Capital Partners, CEO Mark Jensen sued for $45M

byAidan Bush

January 27, 2026

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Auto lender and servicer Prime Asset is suing PrimaLend Capital Partners, alleging the buy here, pay here lender forced it ...

Overhead shots are cars parked along a road

60-plus-day subprime auto DQs hit 32-year high

byAidan Bush

January 16, 2026

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December saw the most subprime consumers at least 60 days late on their monthly auto payments in recorded history amid ...

Subprime auto ABS market sees ‘stress’ as immigration enforcement mounts, DQs rise

byTruth Headlamand1 others

November 5, 2025

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Subprime auto securitizations are experiencing heightened stress and increased delinquencies, while transactions with large concentrations of loans to immigrant borrowers ...

High-income auto consumers at risk for default (Under the Hood)

Podcast: Lenders eye affordability, subprime finance as credit performance weakens

byAmanda Harris

November 10, 2025

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Auto lenders are homing in on key areas of underwriting to manage risk and grow in 2026 as the subprime ...

Subprime lender First Help Financial put on watch for ratings downgrade

byTruth Headlamand1 others

March 19, 2026

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Kroll Bond Rating Agency is eyeing a potential uptick in losses across subprime auto lender First Help Financial’s securitization transactions ...

Auto ABS issuance ticks down 5.8% YoY to $130B YTD

byAidan Bush

October 21, 2025

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Despite tariff headwinds, affordability concerns and the closure of some subprime lenders, auto asset-backed securitizations showed resilience in October. Auto ...