Lender executives & industry experts distill current status of subprime auto finance
Suspicions are intensifying about the current health of auto finance, especially within the subprime space stemming from the bankruptcy filings of Tricolor Holdings and PrimaLend. For example, the first question from an investment analyst during Carvana’s quarterly conference call last week focused on its outstanding portfolio. And Cox Automotive chief economist Jonathan Smoke wrote an […]
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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