Credit Acceptance shares another unscheduled update to address ‘select inquiries’
For the second time in a little more than a month, Credit Acceptance filed a form 8-K with the Securities and Exchange Commission to respond to “select inquiries” that the subprime auto finance companies has received through Monday. The one on Sept. 15 focused on the percentage of Credit Acceptance’s portfolio and new originations that […]
November 06, 2026
The Association of Dealership Compliance Officers (ADCO) and the National Automotive Finance Association both recently rolled out revamped resources to help dealers and finance companies navigate the ongoing task of maintaining processes within state and federal guidelines. ADCO hosted an educational webinar with Association of Finance & Insurance Professionals (AFIP) president Shannon Robertson and Hudson […]
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November 06, 2026
As TransUnion highlighted that originations in that segment already are on the rise, Agora Data this week expanded its dealer funding program to help dealerships better serve near-prime customers, including those with FICO scores of 660 and below. The fintech company providing capital, technology, and portfolio solutions for the automotive industry said its program now […]
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November 05, 2026
TransUnion’s Q3 2026 Credit Industry Insights Report (CIIR) contain details about auto originations that are one quarter in arrears to account for reporting lag. But that probably won’t take away from the significance of what’s happening in subprime that analysts reported on Thursday. Auto loan originations totaled 6.8 million in the second quarter, That’s 2.3% […]
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