Alt-Data Helps Lenders Overcome Underwriting Hurdles
© Can Stock Photo Inc. / sqback LAS VEGAS — Lenders are making alternative data a more integral part of ...
Tag: subprime
Nicholas Financial Applies for Direct Lending License in Ohio
© Can Stock Photo / Pakhnyushchyy Nicholas Financial is looking to expand its direct lending footprint into Ohio. Clearwater, Fla.-based ...
Credit Acceptance 3Q Profits Accelerate Despite Downturn in Active Dealer Volume
Credit Acceptance Corp. headquarters in Southfield, Mich., via Yelp Net income at Credit Acceptance Corp. shot up 50% year over ...
Maintaining Momentum: Outsourcing Could Be Key to Profitability as Subprime Lenders Exit the Field
Rising interest rates, a growing swell of delinquencies, and loose lending standards are conspiring against small subprime auto lenders. According ...
Why Finance Companies Are Using Verification Tools at Record Levels
Reading some of the headlines from major media outlets, it might seem as though auto finance companies didn’t understand the ...
BHPH Lender Tricolor Promotes ‘Graduation’ Into Higher Credit Tiers
Most lenders would like to win the consumer's business and have them coming back for their next loan, but used-car retailer ...
High Demand Single-B Bond Ratings Show Stability, According to Rating Agencies
ABS East 2018, Fontainebleau, Miami Beach MIAMI -- Investor demand for single-b rated bonds and willingness to issue these bonds ...
14% of Subprime Loans at Franchise Dealers Have Price Inflation
© Can Stock Photo / AndreyPopov An estimated 5% of franchise dealerships up-charge vehicles sold to subprime consumers more than ...
