CarMax Auto Finance NIM jumps amid uptick in originations

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CarMax Auto Finance (CAF) posted an increase in origination volume and net interest margin in the third quarter of the company’s fiscal year 2022 ending Nov. 30. Still, the captive padded its allowance for loan losses amid concerns about consumer credit health and the unpredictability of the economic environment. Net loans originated in the quarter […]





Source : AutoFinanceNews