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Santander Consumer USA ups ACL, increases Chrysler Capital originations

Amanda HarrisbyAmanda Harris
July 29, 2020
in Earnings, Risk Management
Reading Time: 2 mins read
0

Santander Consumer USA joins more than eight other lenders in upping its allowance for credit losses on a quarterly basis since the height of the COVID-19 pandemic in April. On a positive note, the lender saw increases in originations for Chrysler Capital compared with last quarter, according to SCUSA’s second-quarter earnings call today. Due to […]

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Tags: Allowance for credit lossescovid19delinquenciesearningsFiat Chrysler AutomobilesMag LeadersPremiumSales & MarketingSantander BankSantander Consumer USA
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