Tag: Experian

Delinquencies climbed in the second quarter across prime and super prime auto loans as affordability pressures continue to prompt a shift toward longer-term loans.  The industrywide ...

Fitch Ratings is becoming more comfortable with rating transactions that include loans underwritten with alternative credit scoring data.  For example, the rating agency is developing ...

Most new-EV purchases in the second quarter were financed as manufacturers pushed financing incentives following the federal tax credit expiration. ...

Banks financed more nonprime auto loans in the second quarter as more subprime borrowers enter the market and some lenders ...

Specialty finance companies and buy here, pay here retailers’ market share grew in the second quarter as nonprime borrowing led ...

Affinity Federal Credit Union is growing originations with auto refinance in 2026 as consumers look for ways to lower monthly payments.  The Basking Ridge, N.J.-based credit union is ...

Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for ...

Rising demand for cheaper, off-lease EVs drove wholesale values higher and led dealers to push incentives on new EVs in May.  With the expiration of the EV tax credit ...