Tag: delinquencies

Bank of America’s auto lending activity picked up on a year-over-year basis in the third quarter as credit quality declined.   ...

Chase Auto’s originations increased year over year in the third quarter as the bank regained market share, even as challenging ...

PNC Financial tallied a decline in allowance for credit loss coverage on its auto loan portfolio in the third quarter ...

The rate of 60-day delinquencies on subprime asset-backed securities deals has consistently risen since April following an improvement at the ...

Southern Auto Finance Co. is tapping into text communications and text payments to increase consumer kept rates as the lender’s ...

A prolonged United Auto Workers strike could reduce vehicle production and limit new-vehicle inventory, potentially prompting an uptick in new- ...

Late-stage delinquencies were on the rise in the second quarter as the Federal Reserve’s hawkish monetary policy continued to affect ...

Banks, credit unions and captive finance companies have tended to shy away from underwriting subprime auto loans, leaving that side ...