GM Financial records strong payments on accounts in deferral | Auto Finance News | Auto Finance News

GM Financial records strong payments on accounts in deferral

GM Financial has experienced positive payment trends from its consumers with accounts in deferral, pushing down early stage delinquencies last quarter. According to this week’s second-quarter earnings, the captive extended deferrals to approximately 127,000 accounts — representing 6.7% of its portfolio — to consumers impacted by COVID-19 between March 17 and June 30. As of […]

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