Tag: delinquencies

Auto delinquencies are expected to stabilize in 2025 as interest rate cuts by the Federal Reserve offer added refinancing opportunity ...

Auto originations dipped industrywide, contributing to a slowdown in non-revolving consumer debt even as overall debt climbed through October.  Auto ...

The automotive industry of 2024 was defined by lingering affordability concerns, still-high car prices, election uncertainty, tight credit availability and ...

Subprime lender Consumer Portfolio Services is building its sales force as the company prepares for organic growth in 2025 on ...

GM Financial’s originations increased in the third quarter as an uptick in leasing volume offset a decline in new retail ...

MIAMI — Credit performance across securitized auto loans is deteriorating, particularly in the subprime sector, as consumers feel the pressure ...

Regional banks’ third-quarter earnings highlighted growth in auto, reflecting similar trends posted by national banks earlier this month.   Bank of ...

Chase Auto’s origination volume fell year over year in the third quarter while delinquencies inched up.  Originations dipped to $10 ...