Tag: 84-month loans

LAS VEGAS — Florida auto dealer Morgan Automotive Group’s average auto loan term is about 77 months as lenders allow ...

Credit unions are tightening requirements on their longest auto loan terms as they balance affordability pressures affecting prime consumers with ...

The risk from packaging more auto loans with terms of 72, 84 or 96 months into auto asset-backed securitization deals ...

Lenders are increasingly packaging auto loans with terms of 72 months or longer into asset-backed securities deals as more consumers opt to spread out vehicle costs to lower monthly payments.  Longer-term loans ...

Navy Federal Credit Union has extended used-vehicle financing terms to 84 months and lowered auto loan interest rates in the past week as the overall cost of ...

Auto lenders are offering competitive interest rates and shifting their lending strategies to help customers even as vehicle affordability improves.   Affordability is top of mind for auto lenders ...

Auto lenders are adjusting underwriting criteria to account for a rise in demand for loan terms of 84-plus months as ...

LAS VEGAS — Bank of America’s auto originations rose in the fourth quarter as the bank eyes expanding the vehicles eligible for 84-month-term ...