UACC originations climb 24.7% year over year
Outstandings totaled $1.1B for Vroom’s finance subsidiary
Vroom’s finance subsidiary United Auto Credit Corp.’s originations increased on a year-over-year basis as credit tightening contributed to improved portfolio performance. United Auto Credit Corp.’s (UACC)’s originations fell 10.8% quarter over quarter but jumped 24.7% YoY to $116 million in the second quarter, according to Vroom’s Aug. 8 earnings presentation. . The sequential dip in […]
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