Federal prosecutors are accusing four executives from defunct subprime auto lender Tricolor Holdings of defrauding investors. In an indictment unsealed Tuesday (Dec. 16), the U.S. Attorney’s Office alleged that Tricolor founder and CEO Daniel Chu and chief …

Analysis: There's a tagline at the bottom of Unity Credit Union's homepage and on the back cover of its annual report: 'Unity is proud to be a credit union and not a registered bank'.  The country's second-biggest credit union is now …

Carvana Co.’s (NYSE:CVNA) latest asset-backed securities (ABS) data for September shows signs of stabilizing credit performance, with slower net loss growth and declining delinquencies, offering cautious reassurance to investors amid a dynamic subprime …

Jamie Dimon warned that there could be more to come after the bankruptcies of Tricolor and First Brands. Photo: Noam Galai/Getty Images Last month’s collapses of Tricolor and First Brands, a subprime auto lender and auto-parts supplier, respectively, …

… led to a surge in subprime loans, leading to the 2008 financial …

ATLANTA, GA, UNITED STATES, July 22, 2025 /⁨EINPresswire.com⁩/ -- OttoMoto, the embedded lending platform transforming how independent dealers and lenders collaborate, today announced a new integration with Carvant Financial, a long-standing …

… failure to notice the dramatic sub-prime loan crisis of 2008 until it …

… percent, Cox Automotive noted. However, subprime lending was still up by 230 …

… many banks who specialize in subprime lending. Once Apple officially sent a …

… remain cautious on higher-risk subprime loans and negative equity. Auto credit … by a mix of higher subprime lending, longer terms, and better pricing …