Number of drivers seriously behind on payments reached a worrying record high last month that could indicate problems in the ...
Subprime auto lending company Flagship Credit Acceptance agreed to sell its business operations and other assets to specialty ...
Auto lender Flagship Credit Acceptance today announced an agreement to sell the business to specialty finance investment firm ...
A new report from the Consumer Federation of America (CFA) found that Americans owe a record $1.66 trillion in auto debt [1].
Upon the final closing of the transaction, Jim Landy, a seasoned auto finance executive and founder, will assume the role of Chief Executive Officer at Flagship. "This is an exciting moment for ...
The auto finance industry has experienced diverse challenges this year including turbulent sales, shifting consumer demands, ...
Carvana stock price has pulled back in the past few months as investors worry about the rising delinquencies in the auto loan ...
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Buyer Beware: Carvana Is Driving an Auto Lending Crisis
Among the 11 S&P 500 sectors, consumer discretionary has posted the fourth-worst performance year to date (YTD). Over the ...
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