Subprime sinks in Q3, auto originations move closer to pre-pandemic levels
Despite auto originations climbing back to near pre-pandemic levels in the third quarter of 2020, subprime loans continue to decline ...
Despite auto originations climbing back to near pre-pandemic levels in the third quarter of 2020, subprime loans continue to decline ...
Next year brings signs of cautious optimism for auto financiers after the COVID-19 pandemic led to double-digit declines in originations ...
The percentage of auto accounts in financial hardship status fell to 6.16% in July, a decrease of 104 basis points ...
The number of auto loan accounts in financial hardship finally leveled off in June, according to TransUnion’s Monthly Industry Snapshot ...
Enhanced online lending is a natural outgrowth of the COVID-19 pandemic. In the past few months, online lenders have stepped up operations and expanded their digital ...
This week, Santander Consumer USA announced a $550 million settlement with 33 states and the District of Columbia for allegations ...
The number of consumers considered to be in “financial hardship,” or 30 days past due on their auto loans, spiked ...
Editor's note: This feature first appeared in the April issue of Auto Finance News, available now. As major auto lenders ...