Tag: auto outstandings

Auto lenders have navigated a year of high interest rates and elevated cost of funds, prompting some banks to reevaluate ...

CarMax Auto Finance’s originations and penetration rate declined during the third quarter of its fiscal 2024 as the financier tightened ...

Credit union auto lending activity is expected to slow in 2024 following two strong years as rising interest rates prompted ...

Credit performance worsened in the third quarter at banks and captives as consumers are facing inflationary pressures and high interest ...

Consumer Portfolio Services tallied a decline in origination volume in the third quarter as the lender held firm on tightened ...

United Auto Credit’s penetration rate improved in the third quarter as parent company Vroom’s finance and insurance revenue jumped as ...

LAS VEGAS – Elevated interest rates and rising monthly payments are exacerbating affordability concerns as delinquencies rise across prime and ...

Ford Credit’s consumer financing volume increased year over year in the third quarter while higher credit losses and lower financing ...