Tag: Under the Hood

Consumer complaints related to vehicle loans and leases increased 12% in 2021, but those centered on the collection of debt ...

Floorplan-backed securitizations all but disappeared in 2021. Nextgear Capital was the sole floorplan securitizer with a single $500 million transaction ...

Beware, used-car lenders: The higher values rise, the harder they’re bound to fall. For the past two years, limited used-car ...

A trifecta of capital infusions in the past two months has resulted in the creation of three unicorns — private ...

In what might be a record for the auto finance sector, plans for three new captives were unveiled in the ...

Startup Lendbuzz pulled off a rated transaction in which more than half of the securitized loans had no credit score. ...

Since its inception, the Consumer Financial Protection Bureau (CFPB) has penalized auto financiers for disparate impact — the unintended discrimination ...

Carvana’s biggest challenge might be keeping up with its own growth. Online retailer Carvana has been on a steady upward ...