Tag: delinquencies

Delinquencies reached record highs in the first quarter as consumers fall behind amid elevated vehicle prices and high monthly payments.  ...

LAS VEGAS — PNC Financial Services is leaning on digital outreach to decrease defaults and communicate with borrowers at risk ...

Delinquencies improved sequentially across nonprime and prime securitized auto loan pools in February driven by tax refund season as annualized ...

The rate of auto loans 60-plus days delinquent in the fourth quarter rose above pre-pandemic levels for the first time ...

Chris Martin knew he needed a bigger car as the birth of his fourth child approached, but he and his ...

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 ...