Additional tightening possible as delinquencies rise
Auto lenders may further tighten standards as late-stage delinquencies continued to surpass pre-pandemic levels in the third quarter in tandem ...
Auto lenders may further tighten standards as late-stage delinquencies continued to surpass pre-pandemic levels in the third quarter in tandem ...
Captives are regaining total auto financing market share, hitting their highest level since 2018, on the heels of increasing incentives ...
Captive financiers in the second quarter held the largest market share of total auto financing, which includes new and used ...
Average loan terms declined in the second quarter on new and used vehicles as consumers turned to shorter terms to ...
More auto finance accounts rolled into later-stage delinquency status by the end of the second quarter compared with a year ...
An EV was one of the top 10 leased vehicles in the second quarter as leasing ticked up for new ...
Rising interest rates could add to already elevated delinquencies in the coming months as the rate of past-due loans begins ...
The average amount consumers finance on vehicle purchases is leveling off, but high interest rates continue to keep monthly payments ...