Average new and used vehicle loan terms tick down in Q2
Average loan terms declined in the second quarter on new and used vehicles as consumers turned to shorter terms to ...
Average loan terms declined in the second quarter on new and used vehicles as consumers turned to shorter terms to ...
Loan terms fell to an eight-year low in October across deep subprime auto asset-based securities (ABS) transactions in tandem with ...
Soaring used-car values are doing more to reduce consumers’ negative equity than rising loan-to-value (LTV) ratios and increasing vehicle prices ...
SAN ANTONIO — Fifth Third is not expecting a sudden drop in used-car valuations as the bank continues to monitor ...
Used-vehicle loans with 72-month terms saw a record jump in the third quarter of 2021 as affordability fell amid record ...
Record used-vehicle values are pushing down loan-to-value ratios (LTV), prompting lenders to increase their acceptance rates and lower interest rates ...
Auto loan origination volume continues to increase despite affordability concerns overshadowing the industry, according to TransUnion’s Q4 2019 Industry Insights ...
Fresh data from DBRS shows that subprime loans securitized with mostly prime issuance outperform subprime loans in mostly subprime securitizations, ...