Buying a car has become increasingly expensive: The average loan for a new car hit a record $781 in December 2025, according ...

The MarketWatch News Department was not involved in the creation of this content. S&P Global Ratings upgraded ratings on three classes and affirmed ratings on five classes in PenFed Auto Receivables ...

SANTA MONICA, Calif. and ALEXANDRIA, Va. — Pentagon Federal Credit Union, which claims to be the third largest credit union in the U.S., announced today that it will continue to offer its more than a ...

Our top auto refinance companies include PenFed, Gravity Lending, myAutoloan, Upstart and Upgrade.

TYSONS, Va., Aug. 29, 2022 /PRNewswire/ -- PenFed Credit Union, the nation's second-largest federal credit union, today announced the closing of their inaugural prime auto loan securitization offering ...

Pentagon Federal Credit Union in McLean, Virginia, recently sold $460.3 million in securities backed by prime auto loans, its first auto loan securitization ever completed. The $36.7 billion-asset ...

Money.com has ranked PenFed Credit Union as the top overall auto refinance lender for May 2026, highlighting its lack of fees and competitive rates. Gravity Lending, myAutoloan, Upstart, and Upgrade ...

ATLANTA, GA (September 4, 2020) – CRIF Select, an industry-leading provider of indirect lending partner programs, has reached an agreement with Pentagon Federal Credit Union (PenFed) for an exclusive ...

While the Federal Reserve hasn’t lowered interest rates yet this year, institutions that participate in auto refinancing are upbeat about the volume they could generate in the coming months. Two ...

S&P Global Ratings upgraded ratings on three classes and affirmed ratings on five classes in PenFed Auto Receivables Owner Trust 2022-A and 2024-A. Class B has been elevated to 'AAA (sf)' from 'AA (sf ...