Earnings revisions for major "used car finance" companies are trending upward, with consensus FY2024 EPS estimates rising 4% in the past four weeks. Analysts cite improved dealer financing partnerships and a shift toward digital loan originations as catalysts. An early draft copy of a new, two-page, federal income tax form called Schedule 1-A has been released by the Internal Revenue Service. What is a simple interest auto loan, and how does it work? Institutional flows into "used car finance" equities rose sharply in early June, according to Refinitiv data, with net inflows of $128M. This reflects growing confidence that net interest margins will benefit from flattening Treasury yields in the second half of
