Tag: delinquencies

What a difference a few months make. Last year, subprime lenders outpaced banks, captives and credit unions at a rate ...

This week, Santander Consumer USA announced a $550 million settlement with 33 states and the District of Columbia for allegations ...

Daimler Mobility has increased its provisions for credit risk by $487.3 million during the first quarter in anticipation of an ...

Santander Consumer USA has increased its allowance for credit losses by $2.5 billion due to Day 1 CECL impacts and ...

Bank of America’s auto division has deferred “tens of thousands” of auto loans since first implementing its consumer relief measures ...

Moody’s Investors Service softened its assessment last week of auto underwriting to “weaker end of historical averages” from “weak,” as ...

Auto loan origination volume continues to increase despite affordability concerns overshadowing the industry, according to TransUnion’s Q4 2019 Industry Insights ...

Record severe delinquency rates – loans 60-or-more days past due – are the key reason that subprime annual percentage rates ...