Auto delinquency growth slows even as nonprime lending increases
Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime and near prime borrowing. ...
Auto delinquencies grew at a slower rate in the second quarter despite continued increases in subprime and near prime borrowing. ...
First-time buyers and borrowers with thin credit files made up a smaller portion of overall auto originations in the first ...
Subprime auto lenders are tightening credit standards as delinquencies rise, in part from delayed calls to repossess vehicles or slower ...
Lenders are preparing for a used-vehicle market boost as consumers look for more affordable cars amid high prices and inflationary ...
Lenders are investing in tools to mitigate double-pledging of assets and credit washing in light of an uptick in fraud. ...
The growth rate of auto delinquencies slowed in the third quarter, while credit performance at banks may signal risk moving ...
Credit unions saw the highest market share gain for new-vehicle loan originations in the third quarter as interest rate cuts ...
The auto industry continues to lose millions through synthetic identity auto fraud, as fraudsters cobble together real and fake identities. ...