Credit access improves as Credit Availability Index rises 3.6% YoY
Auto credit access expanded for consumers in June while new-vehicle prices continued to tick up. The Dealertrack Credit Availability Index,…
Inside Agora Data’s new ‘capless’ forward-flow deal
Consumer fintech Agora Data has established an evergreen forward-flow deal with powersports lender Model Finance Company following a Feb. 25…
Lenders recruit for sales, IT roles
With an eye toward expansion, auto lenders are scouting sales and IT staff as the need for collection personnel wanes. …
Prime borrowers opting to finance older used vehicles
Prime consumers are increasingly turning to older used vehicles for lower monthly payments as affordability remains a priority. In 2024,…
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