The share of nonprime consumers financing EVs rose sharply over the past year and has doubled since 2020. In the second quarter, new EV registrations in the nonprime segment, which includes near prime ...
RV dealers are leaning on new data sources to identify opportunities for increased sales in a challenged market.
Auto originations have picked up industrywide even as average payments remain elevated, while manufacturers are increasing incentives to move inventory.
Axis Auto Finance’s originations declined in the first quarter of fiscal year 2025 as credit performance worsened and the company nears a sale.
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 ...
Lenders might soon have another tool in their arsenals to measure the creditworthiness of unbanked consumers: grocery ...
The Consumer Financial Protection Bureau has expressed concern regarding potential gaps in new state consumer data privacy ...
Synthetic fraud is revving up in the recreational vehicle space, leaving dealers at risk due to outdated processes and fraud ...