#auto finance

All articles tagged with "auto finance"

Subprime auto borrowers reach highest share in years as lenders loosen standards

Subprime auto lending rises as lenders loosen standards

Subprime and deep-subprime borrowers accounted for a larger share of auto loans and leases in late 2025, signaling a renewed willingness by lenders to take on risk.

Key Takeaways

Subprime and deep-subprime borrowers accounted for 15.4 percent of fourth-quarter auto loans and leases.
That was the highest fourth-quarter share for those groups since 2021.

DT Editorial Team·May 18, 2026·via autonews.com

A Dealer-Finance Argument That the Auto Affordability Problem Is About Timing, Not Rates

AutoPayPlus CEO Robert Steenbergh argues that aligning car payments with paychecks, rather than cutting interest rates, is the more practical answer to dealership affordability pressures.

Key Takeaways

AutoPayPlus CEO Robert Steenbergh says payment timing is central to auto affordability.
His proposal is to align car payments with consumer paychecks.

DT Editorial Team·May 18, 2026·via autonews.com

Rate expands into car shopping with Westlake loans and dealer inventory

Mortgage lender Rate is adding Westlake Financial auto loan prequalification and dealer inventory to its digital experience, opening a new distribution channel between home-finance customers and auto retail.

Key Takeaways

Rate is adding Westlake Financial auto loan prequalification and dealer inventory to its platform.
The deal gives Westlake dealers access to Rate’s large customer base.

DT Editorial Team·Apr 20, 2026·via autonews.com

Used EV Residuals Are Turning Into a Finance Problem for Automakers

Automotive News says falling used-EV values could cost captive finance companies billions, signaling that the electric transition is creating as much pressure in remarketing and leasing as it is in manufacturing.

DT Editorial Team·Mar 29, 2026·via autonews.com