Santander Consumer USA ups ACL, increases Chrysler Capital originations | Auto Finance News | Auto Finance News

Santander Consumer USA ups ACL, increases Chrysler Capital originations

Photo by Mike Mozart via Creative Commons

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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