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‘No winners’ in repossession: Lenders eye loan modifications to keep customers driving

Auto Finance Summit 2026

Auto lenders are modifying or extending delinquent consumers’ loans to keep them from repossession even as delinquency rates remain elevated. Vehicle repossession is on pace to total 3 million assignments in 2026 and subprime 60-day-plus auto delinquencies are at a 32-year high, Anthony Capizzano, chief executive at consultant Capizzano Advisory Services, said during a presentation […]

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