Want to find out what percentage of New York borrowers in the 18-to-34 age bracket are 90-or-more days delinquent on their auto loans? Or how many 50-to-64-year-old auto loan borrowers in Connecticut have credit scores higher than 620?

Now you can, thanks to a nifty, interactive tool launched last week by the Federal Reserve Bank of New York. The tool tracks regional indicators of…

As the economy continues to improve, borrowers 60 or more days past due will stay close to record-low levels next year, according to TransUnion’s annual national auto loan delinquency forecast, released today.

Despite the lows, the forecast predicts that auto debt per borrower will continue to rise in 2013, up to $14,133 in Q413 from the $13,689 TransUnion anticipates seeing at the end of this year.

Since reaching its peak of 0.86% in 4Q08, the national auto loan delinquency…

Credit bureau Experian released a report recently about auto finance trends, and I wonder if it was equivalent to watching a horror movie when the camera follows the teenage babysitter as she tries to figure out what's making that scratching noise in the attic. Everyone watching the movie knows that the serial killer is up there, but up she goes, completely oblivious to what's…

Chase Auto Finance’s loan portfolio hit a seven-year high in the second quarter.

The bank closed the period with $48.5 billion of loans outstanding, up from $47.7 billion at March 31. By comparison, in the second quarter of 2005, Chase Auto’s portfolio totaled $50.4 billion.

For the past three years, Chase Auto’s portfolio has been hovering around the $47-million mark, up from about $42 million for the prior three years. In 2005, though, the bank’s auto portfolio averaged $50…

Consumer loan delinquencies fell in the third quarter of 2011, as evidenced by the American Bankers Association's latest Consumer Credit Delinquency Bulletin. Seven of 11 loan categories ― including auto, RV, and marine ― showed slightly lower delinquencies in the third quarter, according to the ABA.

For autos, 30-day late payments fell to 1.15% from 1.23% for direct loans, and dropped to 2.60% from 2.89% for indirect loans. For non-autos, the delinquency rate declined to 1.38% from…

Buying patterns, pent-up demand, and competition can all affect where auto finance is headed in the year to come, but so far, things are looking pretty good.

“There’s a very attractive nature to the landscape, as auto sales in general are expecting growth,” Peter Turek, automotive vice president in TransUnion’s financial services business unit, told AutoFinanceNews.net. “Other segments don’t have the same certainty.”

In its annual national auto delinquency forecast, TransUnion…

Consumer loan delinquencies are still on the rise, as evidenced by the American Bankers Association's latest Consumer Credit Delinquency Bulletin. Nine of 11 loan categories ―including auto, RV, and marine ― showed slightly higher delinquencies in the second quarter, according to the ABA.

For autos, 30-day late payments inched up 3 basis points from the prior quarter, to 1.23%, for direct loans; delinquencies grew to 2.89% from 2.72% for indirect loans. For non-autos, the delinquency…

Loosening credit and increased competition are putting the squeeze on profits.



That was one of the core findings in the Auto Finance Forecast Spring 2011, an exclusive survey conducted by Auto Finance News and sister web site AutoFinanceNews.net. The Auto Finance Forecast gauges activities and sentiments in the automotive lending and leasing market.



With finance companies and banks entering ― or reentering ― the market, the next 12 months will…

Strong credit fundamentals have compressed auto loan delinquency and loss rates for the past few years. Today TransUnion announced that the national 60-day auto delinquency rate in the first quarter fell to 0.49% ― the lowest level since the company started tracking the variable in 1999. And though bank card and second mortgages default rates have started to tick up according to the S&P/Experian Consumer Credit Default Indices, auto loan defaults fell 2 basis points to 1.45% in…