Tag: delinquencies

Subprime auto lenders have updated their credit scoring models following the inflation of FICO scores spurred by the pandemic.   Government ...

Subprime lender Consumer Portfolio Services’ acceptance rate has fallen by 21 percentage points so far this year when compared with ...

Ford Credit’s consumer financing volume increased year over year in the third quarter while higher credit losses and lower financing ...

Origination volume at Capital One Auto Finance dipped in the third quarter as margins started to normalize and late movers ...

GM Financial’s lease originations grew year over year in the third quarter as retail sales improved.   Lease originations totaled $4.3 ...

Huntington Auto Finance’s originations were flat year over year in the third quarter while net interest margins rose and the ...

Delinquencies and net losses picked up across securitized auto loan pools in September, with losses across subprime loans rising at ...

Truist’s auto book continued to shrink in the third quarter amid a focus on higher-margin business lines, including the financier’s ...