Tag: Experian

Short-term delinquencies are on the rise as credit access remains tight and high monthly payments continue to squeeze consumers.   The ...

Banks regained their position as the leading lender type for used vehicles in the first quarter of 2024 while captives ...

Competition is ramping up across the auto finance industry as incentives increase, prompting banks and credit unions to keep a ...

Auto lenders must creatively prioritize servicing and collections initiatives as recovery rates fall to historically low levels across the industry, ...

Affordability challenges are prompting an uptick in leasing and financing of older vehicles as consumers look to lower their monthly ...

The addition of consumer retail buy now, pay later debt obligations on credit agency reports improves auto lenders’ ability to ...

Subprime market share continued to decline across total new- and used-auto loans in the fourth quarter as subprime lenders have ...

Consumers turned to leasing in the third quarter to help alleviate affordability pressures amid elevated interest rates.   Borrowers saved a ...