Subprime auto lenders prepare for delinquency, NCOs rise as stimulus support ends
Subprime auto lenders are preparing for an imminent rise in delinquencies and net charge-off rates as government stimulus payments come ...
Tag: covid19
Managing risk in the ‘new normal’
“The new normal” has a deceptively comforting ring to it. Now lenders find themselves navigating unfamiliar territory — and that ...
Post-repossession: Can a borrower ‘cure’ a default and get their car back?
Coming out of the COVID-19 pandemic, the auto finance industry will face a number of issues when it comes to ...
Back to growth: Banks look to reclaim market share
Auto loan outstandings reached new heights in 2020, despite the pandemic suppressing vehicle sales, but not all lenders reaped equal ...
AFRS: Consumer spending key metric to managing portfolios, execs say
As the industry continues to recover from the pandemic, auto lenders should keep a close eye on outside economic factors ...
Weekly Wrap: Navigating looming risk factors during COVID-19 recovery
Rebounding origination volumes, improving recovery rates and strong credit performance have defined the auto finance industry’s first quarter of 2021 ...
US job growth disappoints in challenge to economic recovery
U.S. job growth significantly undershot forecasts in April, suggesting that difficulty attracting workers is slowing momentum in the labor market ...
COVID recovery trends with TransUnion’s Satyan Merchant
In this episode of the Industry Pulse, Satyan Merchant, senior vice president and automotive business leader at TransUnion, discusses the ...
