Compete or Manage Risk [Sponsored]
Remember when you were shocked that average loan terms had increased to 62 months, then 68 months and so on? ...
Tag: Experian
Chase Ties Ally as Top Bank Auto Lender
Among bank auto lenders, Chase Auto Finance has tied Ally Financial as the top lender in the space for the ...
Negative Equity Trade-Ins Spike to Record High, Where Do Lenders Draw the Line?
Spurred by extending loan terms, a record-number of consumers — 31% — turned in cars with negative equity in 2016, ...
Where Do Lenders Draw the Line After Negative Equity Trade-Ins Spike?
Spurred by extending loan terms, a record-number of consumers -- 31% -- turned in cars with negative equity in 2016, ...
Longer Term Loans Have Value at Higher Credit Quality, Bureaus Say
NEW ORLEANS -- While banks, captives, and financial institutions are dialing back longer term loans, these loans can still perform well ...
Leasing Provides Opportunity For Direct Lending, Analyst Says
As more banks and financial institutions move online, there may be an opportunity for small and midsized banks to offer ...
Credit Decline May Spur ‘Big’ Problems, Lawyer Says
Auto loan delinquency rates rose to 2.40% — compared with 2.35% the year prior — according to data released last ...
Lenders Trade Subprime Borrowers For Longer Loan Terms, Experian Shows
Loan terms continue to rise and increase lender risk due to an environment of softening used vehicle values, Experian’s third ...
