Powersports lender Ironhorse Funding looks to expand direct financing options
Powersports lender Ironhorse Funding is looking to offer direct-to-consumer retail financing by the first quarter of 2022. The Beverly, Mass.-based ...
Tag: subprime
Higher used-car trade-in values could bolster subprime share
Record increases in used-vehicle values could help spur growth in the subprime market following at least five years of sequential ...
Weekly Wrap: Declining vehicle demand, increased NCOs may be on the horizon
Tight supply continues to drive up used-car prices, sparking concerns about how long consumer demand will hold up. The average ...
Subprime originations rebound in March, reach highest level in a year
The share of subprime financing in March reached its highest level in a year after falling to Great Recession lows ...
Weekly Wrap: Pass-through agreements and the upside of chip shortages
Last week, Global Lending Services entered into a pass-through agreement with Nissan Motor Acceptance Corp., and a report from Moody’s ...
Subprime share falls below Great Recession levels in Q4
Close to a year after the start of the COVID-19 pandemic, subprime market share has fallen below Great Recession levels, ...
Arivo Acceptance in ‘expansion mode’ on heels of second securitization
Subprime lender Arivo Acceptance is in growth mode after its second entrance into the auto asset-backed securities market and increasing ...
Watch: What will it take to prop up subprime auto originations?
Subprime origination volume in the third quarter of 2020 continues to lag behind 2019 levels, driven by tightened credit boxes ...
