Subprime auto loans — loans for borrowers with bad credit or no credit history to help them buy a car — are big business in the U.S. According to Kelley Blue Book, citing Cox Automotive data, subprime ...
Cox Automotive spotted a steady start to the year on the credit front, despite some turbulence involving negative equity, down payments and contract terms. The January reading of the Dealertrack ...
We're all just a little worried about the U.S. economy these days, aren't we? So naturally, the sudden collapse of a big used car dealer – Tricolor Holdings, which specialized in customers with ...
PrimaLend Capital Partners, a subprime auto lender based in Plano, Texas, filed for Chapter 11 bankruptcy on October 22, 2025. This development has impacted the $1.66 trillion U.S. auto debt market.
Subprime auto loans — loans for borrowers with bad credit or no credit history to help them buy a car — are big business in the U.S. According to Kelley Blue Book, citing Cox Automotive data, subprime ...
Tricolor, a major subprime auto lender specializing in buyers without social security numbers or credit histories, is going out of business. The company filed for bankruptcy on Wednesday. Most ...
Auto finance often moves counter to other segments of the credit market in positive ways, but not this time, according to TransUnion’s 2026 credit originations forecast released on Thursday. Among the ...
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