auto loans

Americans Aren’t Struggling Despite Rising Consumer Debt
Americans Aren’t Struggling Despite Rising Consumer Debt
January 02, 2019  |  Economy

Consumer debt is at a record level — but in terms of handling it, there are no signs that Americans are struggling, reported The Wall Street...

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Consumer Credit Default Hits Low For Nov 2018
Consumer Credit Default Hits Low For Nov 2018
December 19, 2018  |  Consumer Finance

New data has found that the default levels for bank cards, auto loans and first mortgages have reached their lowest levels of 2018 within the...

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Auto Sub-Prime Loans Reach Lowest Level In 11 Years
Auto Sub-Prime Loans Reach Lowest Level In 11 Years
December 07, 2018  |  Loans

A new report has revealed that auto sub-prime loans have reached their lowest level in 11 years. According to Experian’s Q3 2018 State of the...

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LendingTree: US Consumer Debt Approaching $4T   
LendingTree: US Consumer Debt Approaching $4T  
November 30, 2018  |  Debt

LendingTree said in its debt report for the month of November that based on recent holiday shopping and credit card spending, credit card balances will...

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Wells Fargo Balks At Auto Loan Scandal Compensation Remedy
Wells Fargo Balks At Auto Loan Scandal Compensation Remedy
November 23, 2018  |  Regulation

Wells Fargo is trying to avoid compensating all of the 600,000 drivers affected by its auto loan scandal. In June, Wells Fargo submitted a plan...

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Sub-Prime Lending’s Late-Year Bounce
Sub-Prime Lending’s Late-Year Bounce
November 20, 2018  |  Alternative Finances

According to the latest Q3 2018 TransUnion’s Industry Insights Report the back half of 2018 has been a good year for sub-prime borrowers looking for access to credit. In the year...

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Moody’s Sees Improving Charge-Off Climate
Moody’s Sees Improving Charge-Off Climate
October 25, 2018  |  Loans

Moody’s said in its latest reading of the “pulse of the consumer” that in viewing the charge-off rate, growth had slowed among the largest U.S....

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Dealers Changing Terms On New Car Financing
Dealers Changing Terms On New Car Financing
October 07, 2018  |  Loans

With interest rates rising, auto lenders are reigning in their 0 percent financing deals that have become the norm over the past few years. According...

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US Credit Scores Soar To 704, But Debt Looms
US Credit Scores Soar To 704, But Debt Looms
September 25, 2018  |  Debt

New data shows that as U.S. credit scores hit their highest point since the Great Recession, Americans are also borrowing more than ever. According to...

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