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Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime and near prime borrowing. The industrywide auto loan 60-plus-day delinquency rate averaged 1.51% in Q2, up 2 basis points (bps) year over year, according to TransUnion data published today. While 60-plus-day delinquencies reached the highest Q2 share TransUnion recorded, […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
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David Thompson
David Thompson
David Thompson
