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Ally Financial originations dip 5.7% YoY 

30-day delinquencies hit 4.33% 

James Van BramerbyJames Van Bramer
July 17, 2024
in Earnings
Reading Time: 4 mins read
0

Ally Financial’s second-quarter auto originations dipped year over year while credit performance worsened.   Originations landed at $9.8 billion, unchanged sequentially but down 5.7% YoY, according to the bank’s‘ earnings supplement, released today. Ally received 3.7 million auto finance applications during Q2.   “In terms of where we are going to compete, we find that […]

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