auto loans

Banks’ Auto Loan Delinquency Data Hints at Rocky Road Ahead

Banks’ Auto Loan Delinquency Data Hints at Rocky Road Ahead
Banks’ Auto Loan Delinquency Data Hints at Rocky Road Ahead
May 03, 2023  |  Consumer Finance

For U.S. consumers, the juggling act of which bills to pay — and when — is real. Get the Full Story Complete the form to...

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Earnings Season Lifts Hood on Auto Loan Delinquencies, Paycheck-to-Paycheck Pressures 
Earnings Season Lifts Hood on Auto Loan Delinquencies, Paycheck-to-Paycheck Pressures 
January 30, 2023  |  Loans

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Capital One Card Spending Up 9% as Credit Loss Provisions Triple
Capital One Card Spending Up 9% as Credit Loss Provisions Triple
January 24, 2023  |  Credit Cards

Capital One Financial’s latest results show consumers continue to spend, but a modestly worse economic outlook has boosted allowance for credit losses. Get the Full...

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CFPB Levies Record $3.7B Fine on Wells Fargo
CFPB Levies Record $3.7B Fine on Wells Fargo
December 20, 2022  |  Legal & Regulation

The CFPB fined Wells Fargo a $3.7 billion fine for its handling of loans and banking programs. Get the Full Story Complete the form to...

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Subprime Auto Loan Bond Delinquency Rate at 5.13% in October
Subprime Auto Loan Bond Delinquency Rate at 5.13% in October
November 08, 2022  |  Loans

The percentage of subprime auto loan borrowers who have fallen behind on payments has risen by more than a percentage point over the last year. ...

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Lendbuzz Secures $150M Credit Facility to Expand Number of Auto Loans
Lendbuzz Secures $150M Credit Facility to Expand Number of Auto Loans
November 01, 2022  |  Loans

Auto finance platform Lendbuzz has secured a $150 million credit facility from J.P. Morgan and will use it to help expand the number of borrowers...

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MercadoLibre, Creditas Team to Offer Used Car Loans in Mexico
MercadoLibre, Creditas Team to Offer Used Car Loans in Mexico
July 28, 2022  |  Partnerships

South American eCommerce giant MercadoLibre and Brazilian financial service firm Creditas have joined forces to allow MercadoLibre users to apply for used car loans in...

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New Car Payments Exceed $1,000 for 12% of Buyers Amid Supply Chain Snarls
New Car Payments Exceed $1,000 for 12% of Buyers Amid Supply Chain Snarls
July 05, 2022  |  Economy

The average monthly payment for new luxury cars is up, with more than 12% of consumers financing a car with over $1,000 in monthly payments...

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