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By digitizing the entire contracting and funding process, the company says auto dealers can eliminate frustrating and disorganized manual processes.
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Recent survey data shows that the overall demand for auto loans is down, but the demand for subprime loans is up as consumers face economic uncertainty and affordability pressures.
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A recent study suggests expectant parents are feeling the burden of bad credit more than other demographics when it comes to buying a new car.
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Consumers are seeking ways to make financing new-vehicle purchases manageable, from extended loan terms to smaller down payments, according to Edmunds.
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Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.
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Solving mismatched payment quotes can boost sales, profits
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Report reveals number of borrowers who’d benefit from the move.
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Recent patterns show good credit helps navigate high interest rates as highly leveraged consumers sink further.
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