Weekly Wrap: Ford Credit earnings and compliance experts on best practices [Video]

Photographer: Daniel Acker/Bloomberg

This week, Ford Motor Credit propped up Ford Motor Co.’s second-quarter performance with strong consumer loans and leases, and low delinquency rates as major banks tightened credit underwriting standards. Still, Ford Credit increased its allowance for credit losses in anticipation of the end to extension programs and continued economic fallout from the COVID-19 pandemic. Lenders […]

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