A subprime auto loan is a type of loan used to finance a car purchase offered to people with low credit scores or limited credit histories.
TruDecision chief executive officer Daniel Parry is as staunch a defender of the subprime auto finance space as someone could ...
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Prime vs. subprime credit in classic car financing
When most people hear the terms prime credit and subprime credit, they think of traditional auto loans for new vehicles or daily drivers. However, in the world of classic, collector, and exotic car ...
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 ...
In 2025, auto loan debt in the U.S. has ballooned to a staggering $1.6 trillion. Subprime lenders (those who offer high-interest loans to borrowers with poor credit) are now facing a wave of ...
A significant group of Americans are falling behind on their car payments — an economic warning sign
A key group of American borrowers is falling significantly behind on their car loans. It’s yet another sign that the U.S. economy is forming some serious cracks, leaving the most vulnerable in ...
Auto loan delinquencies are soaring across the U.S. Find out why that means getting a car loan is becoming tougher for everyone. Auto loan delinquencies and tighter lending indicate economic ...
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