Explore the latest insights and trends in automotive remarketing to enhance your used car sales strategies and improve dealer ...

The deal is structured as a public securitization, under Rule 144A, and is supported by lending indirectly through more than 1,100 partnerships across the country.

Patty Arvielo built her company, New American Funding, to weather uncertainty and she still finds time to pay it forward.

It's also an issue for subprime consumers with installment loans: According to Experian, the average auto loan interest rate for subprime borrowers is 11.92% for new cars and 17.74% for used cars.

The chief executive officer of now-defunct Honor Finance, an Evanston-based subprime auto lending company, was sentenced to ...

OppFi is ready to bounce back with 20% EPS growth in 2025. Find out why OPFI stock is undervalued at 8x PE and could see ...

The data reveals that 6.56% of all subprime auto borrowers were at least 60 days past due on their loans in January.

As the Trump Administration seeks deep cuts to the Consumer Financial Protection Bureau, the not-so-distant history of ...

(“Obra”), which acquired the Arra platform in 2024, the Company has access to the capital and platform capabilities necessary to process, underwrite and provide prompt feedback on quality credit ...

The percentage of borrowers with subprime car loans at least 60 days past due rose to the highest level since at least 1994 ...