Tag: Vroom

Auto lenders are turning to the asset-backed securitization market to lock in capital ahead of potential late-year interest rate volatility ...

Vroom’s data-driven credit engine and scoring enhancements are expected to improve credit performance in future securitizations.  The weighted average FICO ...

Vroom is updating its dealer portal to make it easier for consumers to complete financing through subsidiary United Auto Credit Corp.  ...

Vroom is using internal VIN and credit performance data to improve underwriting, risk management and operational efficiency as it eyes expansion ...

Performance across prime auto loan asset-backed securities remained stable year over year in July, while nonprime performance weakened.  The prime annualized net ...

Vroom subsidiary United Auto Credit Corp.’s indirect originations increased in the third quarter as the lender’s portfolio shrank due to ...

Auto retailers and fintechs mostly reported growth in the third quarter amid mixed October retail sales and some layoffs.  CarMax ...

Vroom subsidiary United Auto Credit Corp.’s originations dipped year over year in the second quarter as net loss declined.  Originations ...