Chase Auto Reports ‘Stable’ Volume Growth as Losses Dip in 4Q

While other banks have been pulling back in auto, JPMorgan Chase & Co. has held firm and experienced growth in outstandings and originations, while delinquencies and charge-offs decreased. Chase Auto Finance grew originations 2.4% to $8.2 billion in the fourth quarter as compared the same time a year prior, according to the bank’s earnings report. The bank’s […]
  • Matthew Wood
  • January 16, 2018
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Chase Partners With AutoFi to Expand Digital Car Purchases

Chase Auto Finance is partnering up with AutoFi, the fintech company that connects dealerships with lenders and buyers online for vehicle purchasing, the companies announced today. This will make Chase the first national bank on the AutoFi platform, which had previously been partnering with captives such as Ford Motor Credit Co. “Our vision is to […]
  • Matthew Wood
  • January 11, 2018
  • 0