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Category: New Tracks

Category: New Tracks

Westlake-backed Axis Auto Finance launches direct-to-consumer website

Canadian subprime lender Axis Auto Finance has launched a direct-to-consumer website in a move to overcome

Joey Pizzolato
  • December 16, 2021

Toyota Financial Services enters US powersports market

Toyota Financial Services (TFS) will serve as Great American Outdoors Group’s private-label finance provider through its

Whitney McDonald
  • November 22, 2021

Auto industry could see shift from ownership to usership in next decade

LAS VEGAS — Auto lenders and retailers should be prepared for a shift from car ownership

Amanda Harris
  • October 29, 2021

Gesa Credit Union adopts Scienaptic’s AI-powered credit-decisioning platform

Automated approval rates on indirect auto loans are up at Gesa Credit Union after the $4

Whitney McDonald
  • September 10, 2021

Vroom eyes expansion into proprietary lending

On the heels of a strong second quarter marked by triple-digit product revenue growth, Vroom may

Amanda Harris
  • August 25, 2021

Petition seeks to exempt ringless voicemail from TCPA

A petition filed with the Federal Communications Commission (FCC) seeking to exempt ringless voicemails as “calls”

Amanda Harris
  • July 13, 2021

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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