Credit Acceptance Corp. consumer loan assignment volume jumps 31%


Subprime lender Credit Acceptance Corp. logged a second straight quarter of consumer loan assignment volume increases following five quarters of declines.   Dollar volumes grew 32.1% year over year, and unit volumes grew 29.3% YoY, according to the lender’s Q3 earnings report. The increases were largely driven by a 12.6% YoY increase in the number of […]

Source : AutoFinanceNews