The average rejection rate for auto loans through October increased year over year to the highest reading since 2013.

Some auto lenders saw a rise in payment extensions following Hurricane Helene, with Hurricane Milton expected to affect extension rates in the coming months.

EV financing startup Tenet is streamlining its refinancing program to speed approvals in anticipation of rising demand.

If the incoming Trump administration eliminates $7,500 federal tax credits for electric vehicles, that would mean the end of popular leases that allow US consumers to sidestep restrictions on which EV ...

RV dealers are leaning on new data sources to identify opportunities for increased sales in a challenged market.

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 ...

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.

Lenders might soon have another tool in their arsenals to measure the creditworthiness of unbanked consumers: grocery ...

Commonwealth Credit Union is on pace to grow its origination volume by double digits year over year, fueled by its use of ...

The Consumer Financial Protection Bureau has expressed concern regarding potential gaps in new state consumer data privacy ...

The volume of auto loans across all lending types containing synthetic identity fraud has increased year over year.