Tag: delinquencies

Repossession agencies are receiving more assignments from credit unions as delinquencies rise nationwide.  Houston-based Automobile Recovery Bureau has seen more ...

First-quarter earnings continued to bring mixed results as vehicle sales slowed in April.   Capital One’s auto outstandings decreased 3.7% year ...

Capital One Auto Finance’s originations grew in the first quarter following several quarters of year-over-year declines.   Originations totaled $7.5 billion, ...

Ally Financial increased its allowance for auto credit losses in the first quarter as delinquencies and net charge-offs rose on ...

Chase Auto’s first-quarter originations dipped year over year as the bank prioritized margins.   Auto originations totaled $8.9 billion in ...

Ongoing credit tightening at CarMax Auto Finance paved the way for allowance for credit loss reductions as the lender’s portfolio ...

Auto lenders must creatively prioritize servicing and collections initiatives as recovery rates fall to historically low levels across the industry, ...

While buy now, pay later plans are increasingly popular, auto financiers might benefit from urging customers to buy now and ...