Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate since the 1990s, according to Fitch Ratings.

With defaults and late payments rising, auto financing is getting riskier. Learn how growing delinquency rates impact your ...

On a chill October night in Virginia, a Wall Street Journal reporter rode shotgun with a repo crew as they scanned license ...

Cherokee Media Group asked Satyan Merchant whether finance companies opened the year with an optimistic outlook, a pessimistic view or something in the middle. The senior vice president and auto and ...

With the average price of a new car now topping $50,000, more buyers are stretching out their loan terms to lower the monthly payment.

The average car payment hit $754 monthly, with 20% of buyers paying over $1,000. Edmunds reveals the hidden costs of extended ...

Everyone wants to receive money faster, and auto dealers are no different. But real-time payments have been slow to catch on for car sales. Cash-flow management was a top concern for vehicle ...

Solera Auto Finance has new owners and branding. Obra Capital, an asset management firm with a specialized approach to alternative investing, on Tuesday announced a buyout of the finance company from ...

If you are planning to take out an auto loan to purchase a car, you now may get a tax break thanks to President Trump's recently passed tax cut law. One of the many provisions introduced under the ...

Auto Now sells used imported and domestic vehicles from brands like Cadillac, Chevrolet, Ford, Hyundai, Lincoln and Nissan. It offers "buy here, pay here" financing. Auto Now was founded in 1996. Auto ...

Christian Gorton, marketing director at CA Auto Finance, added: “Our partnership with Opteven is a powerful business lever, ...