CREDIT: Delinquencies Remain Low Even as Subprime Grows
DELINQUENCIES Auto loan delinquencies are on the rise, loan terms are getting longer, and as subprime auto lending continues to ...
First Niagara to Back Off Auto in 2015
First Niagara looks to be taking its foot off the gas on auto loans in 2015. During its fourth-quarter earnings call ...
CPS Receives Subpoena From DOJ
The Department of Justice issued a subpoena to Consumer Portfolio Services on January 14, according to an 8-K filed with ...
NPR, NY Times Latest to Sound the Auto Finance Alarm
Is subprime auto finance a financial-disaster-in-the-making? Well, according to NPR's "All Things Considered," it is. The public radio organization last ...
6 Tips for Protecting Consumer Data
How many data breaches occurred in the United States in 2014? 153 497 612 783 Way too many If you ...
Auto Finance Industry Monitors Supreme Court for Ruling on Disparate Impact
The outcome of a mortgage case being heard by the Supreme Court could ease the burden of disparate impact violations imposed ...
Lenders Not Afraid of Longer Loans
"There is good term and there is bad term," Jason Kulas, president & chief financial officer, Santander Consumer USA, said ...
Credit Losses Have ‘Normalized,’ Cap One Declares
On the heels of the clarion call from Honda Motor Co.'s U.S. sales chief that lenders are originating "stupid" 84-month ...
