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Author: Amanda Harris

Author: Amanda Harris

Marohn named CEO of Edge Financial Services 

Industry veteran Doug Marohn on March 16 was named chief executive of 1803 Capital, which does

Amanda Harris

Global Lending Services eyes $8B in originations post-Sixth Street acquisition 

Subprime auto lender Global Lending Services is eyeing continued originations growth, deepened relationships with dealers and

Amanda Harris

Automotive stocks plummet amid war, EV shifts (Big Wheels) 

Automotive company stocks are down amid continued affordability challenges, rising oil prices and electric vehicle restructuring.

Amanda Harris

Upstart applies to form national bank to lower costs 

AI-powered lending platform Upstart is applying to form a national bank insured by the FDIC to

Amanda Harris

Consumer Portfolio Services’ originations fall 20.7% 

Consumer Portfolio Services’ originations declined in the fourth quarter and the full year as the financier

Amanda Harris

Incentives at 6.9% of ATP as new-vehicle prices rise 

Incentives ticked down year over year in February but were up from a month earlier as

Amanda Harris

Podcast: Higher gas prices, interest rates add to affordability woes  

Despite a rise in subprime financing share in the fourth quarter of 2025, affordability remains a

Amanda Harris

Chase Auto names heads of product, pricing 

Chase Auto made leadership changes in February to shore up pricing and product management. Steve Weger

Amanda Harris

Credit Union Auto Lending Surges

David Thompson

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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

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