Axis Auto Finance’s originations declined in the first quarter of fiscal year 2025 as credit performance worsened and the company nears a sale.
Auto originations have picked up industrywide even as average payments remain elevated, while manufacturers are increasing incentives to move inventory.
Lenders might soon have another tool in their arsenals to measure the creditworthiness of unbanked consumers: grocery ...
Consumer demand for auto loans fell in the third quarter as credit standards were largely unchanged. Demand weakened on a ...
Nearly three-quarters of powersport dealers reported their year-over-year sales fell in October, the eighth consecutive month ...
Commonwealth Credit Union is on pace to grow its origination volume by double digits year over year, fueled by its use of ...
The Consumer Financial Protection Bureau has expressed concern regarding potential gaps in new state consumer data privacy ...
The volume of auto loans across all lending types containing synthetic identity fraud has increased year over year.
Synthetic fraud is revving up in the recreational vehicle space, leaving dealers at risk due to outdated processes and fraud ...
Octane Lending’s latest endeavor with powersports retailer RideNow is in line with its efforts to support dealers in a ...
US inflation remained firm in October, underscoring the ongoing risks Federal Reserve officials face in trying to bring price ...
Auto loan interest rates on new and used vehicles fell year over year in October. The dip in loan rates comes after the ...