Navigator Holdings Makes $3.2 Million Subprime-Portfolio Offering
Navigator Acceptance, a division of Navigator Holdings LLC, has released a fourth-quarter loan portfolio offering worth $3.2 million.
ATLANTA — Navigator Acceptance, a division of Navigator Holdings LLC, released on Dec. 10 a fourth-quarter loan portfolio offering worth $3.2 million. The offering, which consists of 470 seasoned, subprime automobile loans, marks the third consecutive quarter of portfolio sales completed by Navigator, and the largest to date.
The complexion of the fourth-quarter portfolio consists of 470 subprime auto loans. Each is no more than seven days delinquent with 12 to 40 months remaining term.
“Despite the polarized conditions of the financial markets, Navigator has successfully completed sales in each of the past two quarters. This speaks directly to the quality of the underlying assets supported by the appropriate yield,” said Bobby Lazenby, Navigator president.
Lazenby, a nationally recognized subprime turnaround expert, brought the company out of bankruptcy in June 2008. Under Lazenby’s direction, Navigator has worked to improve both credit and asset quality within Navigator’s portfolio.
“While we have made considerable strides in the right direction over the past 18 months, the company’s focus remains on improving credit quality while serving the unbanked consumers in Georgia and Indiana,” said Lazenby.
More Auto Finance

First-Quarter Sees Long Auto Loan Growth
Experian data show more consumers are tapping the method, along with refinancings, to afford buying. Meanwhile, subprime borrowers are getting more access.
Read More →
Mastering Credit Friction
In this video, Josh Krach explains how to turn credit friction into an advantage.
Read More →
April Less Affordable
Based on prices, reduced incentives and slower household income growth, consumers found it more challenging to buy new last month, Cox Automotive reported.
Read More →
Auto Lenders, Consumers on a Tightrope
April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
Read More →
Toyota Financial Services President Replaced
Scott Cooke has served in various roles with Toyota Financial Services for over 20 years, including president and CEO, which he retires from on June 30.
Read More →
Permission or Approval: When to Notify Finance Sources
Credit card down payments, multiple vehicle purchases and even straw purchases can be completed without committing bank fraud, as long as you tell the bank first.
Read More →
At-Risk Auto Borrowers Drive Looser Credit Access
Cox Automotive’s index shows the subprime segment, long loan terms, negative-equity borrowers and down payment amounts all grew in February despite ever-higher vehicle prices.
Read More →
Auto Loan Forecast Bucks Market Trend
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.
Read More →
Auto Credit More Plentiful
Growing access shows greater lender appetite for risk as consumers take on heavier debt burden in an inflated market.
Read More →
Auto Loans Long as Stretch Limos
More consumers, faced with ever-rising car prices, are adapting by agreeing to longer loan terms despite the cost of added interest payments.
Read More →