Tag: delinquencies

Rising interest rates and competitive pricing have caused auto lenders to cut back on originations as the majority of banks ...

A dip in financing margin along with lower credit loss and lease residual releases contributed to an 82.1% year-over-year decline ...

Annualized net losses increased across prime and nonprime auto asset-backed securities (ABS) transactions in November as declining used-vehicle values contributed ...

Delinquencies moved closer to pre-pandemic levels in the third quarter in tandem with rising vehicle prices and consistent interest rate ...

Vehicle starter-interrupt devices may be headed for the chopping block if regulators have their way.  In its “Supervisory Highlights” report ...

Consumer Portfolio Services raised interest rates and tightened credit in the third quarter but continued to log year-over-year origination growth ...

Rising interest rates, inflationary pressures and supply chain challenges contributed to dampened auto loan production in the third quarter as ...

Citizens One Auto Finance’s portfolio shrank 5.1% sequentially in the third quarter as the bank continued a planned pullback on ...