Tag: delinquencies

Fifth Third purposely slowed auto lending in the fourth quarter driven by elevated interest rates.  The bank’s indirect secured consumer ...

Huntington Auto Finance’s originations in the fourth quarter were flat on a year-over-year basis for the second consecutive quarter while ...

Truist continued to move away from lower-margin business lines, contributing to a decline in its auto portfolio in the fourth ...

PNC Financial cut automotive allowance for credit loss coverage for the second straight quarter even as it maintained a recessionary ...

Fourth-quarter earnings season kicked off with several banks reporting mixed results in auto originations as some tightened credit and others ...

Chase Auto’s originations grew year-over-year in the fourth quarter of 2023 as the bank snagged additional market share while prioritizing ...

Bank of America’s auto originations dipped in the fourth quarter as credit continued to normalize and commercial loans to vehicle ...

Auto lenders should review their borrower accounts more often to offset the risk of rising delinquencies as consumers face inflationary ...