Weekly Wrap: Auto industry pulls back on consumer assistance
This week, the auto industry is eyeing potential increases in delinquency rates as long-term deferrals come to an end. Since ...
This week, the auto industry is eyeing potential increases in delinquency rates as long-term deferrals come to an end. Since ...
The percentage of auto accounts in financial hardship status fell to 6.16% in July, a decrease of 104 basis points ...
Direct loan originations for Nicholas Financial increased 18% year over year to $2.4 million in principal balances in the first ...
Lenders will need to remember one thing as pandemic-spurred deferral programs end and an influx of delinquencies and repossessions begin ...
Santander Consumer USA joins more than eight other lenders in upping its allowance for credit losses on a quarterly basis ...
Ally Financial forecasts its retail auto net charge-offs (NCO) to be between 1.8% and 2.1% of its portfolio by the ...
PNC Financial Services is ratcheting up its allowance for credit losses amid the industrywide trend of dwindling delinquency rates in ...
Delinquency rates in the first quarter fell despite the coronavirus pandemic ravaging the auto industry in late March, according to ...