Volume Up, Late Payments Flat in 2Q: Experian
Despite record-high outstanding loans, auto loan delinquencies were essentially flat in the second quarter compared with a year ago, Experian ...
Tag: Experian
Auto Loan Defaults Hit a New Low
Auto loan defaults hit a historic low of 0.86% of the amount outstanding in May, according to the latest S&P/Experian ...
Lending, Leasing Hit Several Records in First Quarter
Auto loans and leases hit several new highs in the first quarter, all related to affordability, in a word. Records ...
Auto Loan Volume Record High, Late Payments Flat in Q1, Experian Says
Total outstanding auto loans reached a record high of $905 billion at the end of the first quarter, an increase ...
Ally Exits TARP
Ally Financial has officially exited the Troubled Asset Relief Program after the U.S. Treasury sold its 54.9 million shares of ...
Wells Fargo Doesn’t Need to be No. 1 in Auto, But Still Claims Top Spot
Speaking at the Goldman Sachs U.S. Financial Services Conference last week, Wells Fargo & Co. President and Chief Executive Officer John Stumpf ...
Auto Lending Becomes a Banking Outlier, and That’s Not a Good Thing
While the auto lending sector has enjoyed a strong year, underlying weaknesses are surfacing in consumer banking, and that could ...
Average Auto Loans and Leasing on the Rise in 3Q, Experian Says
Temperatures might be dropping for parts of the country right now, but auto loan balances, monthly terms, and leasing all ...
