Tag: subprime

Auto Finance News each month takes a deep look at topics defining the auto finance industry. These features provide a ...

Some auto lenders saw a rise in payment extensions following Hurricane Helene, with Hurricane Milton expected to affect extension rates ...

Auto asset-backed securitization volume in the first half of September outperformed the issuance volume reported in 2023, with 11 financiers ...

CarMax Auto Finance issued its first nonprime auto asset-backed securitization transaction June 18 on the heels of subprime issuances making ...

Nonprime lenders project originations to grow in 2024 despite the increasing cost of funds and the challenges of credit performance ...

Auto industry partners are working to establish lending options that are mutually beneficial to lenders, dealers and subprime consumers amid ...

Chief Executive Michelle Corson founded On the Road Companies in 2013 with money from friends and family to provide low-credit-score ...

Prime auto loan-backed securitization volume shot up 50.7% in 2023, to $77.2 billion, as 13 lenders entered or rejoined the ...