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Author: Amanda Harris

Author: Amanda Harris

Credit Acceptance Corp. Names Joe Billante CFO 

Credit Acceptance Corp. has named Joe Billante chief financial officer to succeed Jay Martin. Martin will

Amanda Harris
  • June 12, 2026

Credit access improves as new-car ATP rises 1.2% YoY 

Credit access and approval rates improved in May, but access was offset by a drop in

Amanda Harris
  • June 11, 2026

Stable demand, standards, ABS issuance contribute to healthy industry performance (Big Wheels) 

Auto finance industry performance was steady in March as steadfast consumer demand and stable bank underwriting

Amanda Harris
  • June 10, 2026

JPMorgan Chase vet McClure joins Capital One as financial services division counsel 

Capital One in June named Sean McClure its managing vice president and chief counsel for the

Amanda Harris
  • June 9, 2026

Dort Financial CU extends terms for add-on products amid high costs 

Dort Financial Credit Union is allowing for term extensions so consumers can afford to add back-end

Amanda Harris
  • June 8, 2026

Affinity FCU leans into auto refinance as competition increases 

Affinity Federal Credit Union is growing originations with auto refinance in 2026 as consumers look for

Amanda Harris
  • June 5, 2026

Global Lending Services expanding dealer pricing tool 

Global Lending Services is expanding a program for dealers that provides instant pricing, rate and payment

Amanda Harris
  • June 4, 2026

Credit unions say inflation is top concern amid portfolio growth 

Despite concerns about inflation and a dip in market share, many credit unions expect their auto

Amanda Harris
  • June 3, 2026

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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Market Data

Auto Loan Rate Index

Today

6.85%

+0.15%

Lease Penetration

MTD

28.4%

+2.1%

Subprime Approvals

MTD

42.7%

-1.3%

Days to Finance

MTD

718

+3

Days to Finance

MTD

38

+2

Days to Finance

MTD

142 bps

-8

Last updated: March 30, 2026, 2:45 PM EST

View Complete Market Report →

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