Credit union auto loan market share reaches 31%
Credit unions’ auto finance market share in the third quarter grew 8.23 percentage points year over year to 28.44%, surpassing ...
Tag: Experian
Delinquencies close in on pre-pandemic levels in Q3
Delinquencies moved closer to pre-pandemic levels in the third quarter in tandem with rising vehicle prices and consistent interest rate ...
2022 Auto Finance Excellence Awards: Honoring resiliency in a challenging market
Auto lenders, retailers and executives have pushed their businesses forward throughout the past year in the face of a market ...
73-84-month loans on new and used vehicles increase YoY in Q1 2022
The share of longer-term loans on new and used vehicles increased year over year in the first quarter of 2022, ...
Keeping LTVs tight to avoid negative dynamic for consumers
The combination of ongoing inventory constraints and historic inflation has sent vehicle values soaring, causing automotive lenders to closely monitor ...
EV consumer financing doubles YoY in Q4 2021
Electric vehicle (EV) financing in the fourth quarter of 2021 doubled year over year as more affordable options have hit ...
Delinquencies expected to normalize in the next 18 to 20 months
Delinquency rates are expected to start normalizing in the next 18 to 20 months as high vehicle values and record-low ...
Experian’s Zabritski talks origination volume, subprime and affordability
In the September episode of the Industry Pulse webinar, Experian’s Senior Director of Automotive Financing Solutions Melinda Zabritski talks origination ...
