Subprime auto loans' share staged a comeback — with ups and downs — as auto lenders and dealers balanced, and re-balanced, ...
Carvana downgraded to Strong Sell due to overvaluation, subprime loan risks, and regulatory scrutiny threaten margins. Learn ...
Interest rate cuts have not lowered borrowing costs for consumers yet, creating a headwind to vehicle sales, according to ...
Access to a car is access to the economy,” writes finance professor Mark Jansen in an op-ed. “We shouldn’t cut people off ...
Carvana (NASDAQ:CVNA) shares had rallied 13% in 2026, reaching a high of $486.89 per share before a short-seller report from Gotham City Research disrupted the momentum. Yesterday’s report alleged the ...
Cox Automotive spotted a steady start to the year on the credit front, despite some turbulence involving negative equity, ...
You can get a car loan with a low credit score, but the best rates are reserved for borrowers with high scores ...
Perhaps lenders that specialize in subprime auto finance can find a positive way to view the latest edition of CreditGauge from VantageScore. The data showed the pool of subprime consumers is getting ...
The collapse of a subprime auto lender that once handled nearly $1 billion in financing has left roughly 100,000 borrowers trapped between criminal courts and collection calls. What began as a promise ...
The sudden collapse of a roughly $1 billion subprime auto lender has stranded about 100,000 borrowers in a legal and financial gray zone and wiped out 1,000 jobs almost overnight. What began as a ...