EVs pose higher residual value risk in auto ABS
Electric vehicles are giving lenders pause when it comes to auto asset-backed securitization issuance due to increased residual value risk. ...
Electric vehicles are giving lenders pause when it comes to auto asset-backed securitization issuance due to increased residual value risk. ...
While buy now, pay later plans are increasingly popular, auto financiers might benefit from urging customers to buy now and ...
As vehicle prices and interest rates remain elevated, monthly payments continue to hover around all-time highs, making it more difficult ...
The average consumer credit score in the US has dropped for the first time in a decade, albeit by just ...
The addition of consumer retail buy now, pay later debt obligations on credit agency reports improves auto lenders’ ability to ...
The average interest rate for a 60-month loan for a new vehicle and a 1-year-old used vehicle has ticked down ...
Credit Acceptance Corp.’s pricing strategy has been key to the subprime lender’s continued growth despite ongoing volatility that has seen ...
Securitized auto loan recoveries aren’t likely to improve in the coming months as used-vehicle values decline and repossession costs rise. ...