Credit tightening contributes to subprime market shrink
Subprime market share continued to decline across total new- and used-auto loans in the fourth quarter as subprime lenders have ...
Tag: loan to value ratio
Used-vehicle loan LTVs, negative equity climb
More consumers are prone to negative vehicle equity on used-vehicle loans on the heels of climbing loan-to-value ratios at the ...
Surging recovery rates curb negative equity
Soaring used-car values are doing more to reduce consumers’ negative equity than rising loan-to-value (LTV) ratios and increasing vehicle prices ...
Subprime rising: Lenders balance increased demand with affordability
Subprime lenders are taking action as used-vehicle values reach record highs and affordability remains a crucial concern by offering longer ...
Keeping LTVs tight to avoid negative dynamic for consumers
The combination of ongoing inventory constraints and historic inflation has sent vehicle values soaring, causing automotive lenders to closely monitor ...
Subprime rising: Lenders balance increased demand with affordability
Subprime lenders are taking action as used-vehicle values reach record highs and affordability remains a crucial concern by offering longer ...
LTVs fall significantly in Q2 amid high vehicle values
Loan-to-value ratios on used vehicles came down 9.5% from last quarter amid increases in vehicle pricing. Increased vehicle values have ...
Reduced LTVs spark increased refi acceptance rates, lower interest rates
Record used-vehicle values are pushing down loan-to-value ratios (LTV), prompting lenders to increase their acceptance rates and lower interest rates ...
