On the first full day of the new presidential administration, the Consumer FinancialProtection Bureau released the Winter 2025 issue of Supervisory Highlights. It was...
As we approach 2025, subprime auto lenders are keeping a close eye on the reduction of interest rates. With economic forecasts indicating additional rate...
The subprime auto lending industry is undergoing a noticeable digitization evolution, driven by advancements in technology and the increasing demand for efficiency and accuracy....
Auto lenders for both prime and subprime audiences recognize the need and importance advanced data technology has on their overall operations, as well as...
Why subprime auto lenders fail
Over the years, many of my articles have dealt with debunking journalist’s hit-jobs on the subprime auto finance industry. Auto...
In the fourth quarter of 2022, many auto lenders were surprised by elevated levels of delinquency and charge-off that have continued through the first...
The third quarter of 2022 concluded with numerous signs suggesting negative economic headwinds are upon us. The Wall Street Journal reported on October 23...
