auto loans

Household Debt Exceeds $14T After 2019 Spike

Household Debt Exceeds $14T After 2019 Spike
Household Debt Exceeds $14T After 2019 Spike
February 11, 2020  |  Debt

Household debt in the U.S. has reached a 12-year high, rising more than $600 billion last year –the highest since right before the financial crisis...

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JPMorgan Moves Forward With Blockchain Vehicle Tracking System
JPMorgan Moves Forward With Blockchain Vehicle Tracking System
November 25, 2019  |  B2B Payments

The wholesale car financing arm of JPMorgan Chase is putting together a plan to finance the creation of a blockchain-based automobile inventory system, The BlockCrypto...

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Why Social Data Is Key To Personalizing The CU Experience
Why Social Data Is Key To Personalizing The CU Experience
June 20, 2019  |  Credit Unions

Whether they're approving loan applications or targeting products and services, CUs are increasingly relying on data analytics to help with everyday decisions. But looking at...

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Credit Cards, Auto Loans Drive Better Than Expected Earnings For Wells
Credit Cards, Auto Loans Drive Better Than Expected Earnings For Wells
April 12, 2019  |  Earnings

Wells Fargo came through with a better than expected earnings report on Friday morning (April 12) before the market opened. Revenue came in at $21.609...

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Default Rates Remain Stable In First Month Of New Year
Default Rates Remain Stable In First Month Of New Year
February 20, 2019  |  Economy

S&P Dow Jones Indices and Experian Wednesday (Feb. 20) released the S&P/Experian Consumer Credit Default Indices data, representing a comprehensive measure of changes in consumer...

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LendingClub Loan Applications Surge 18 Pct Despite Earnings Miss
LendingClub Loan Applications Surge 18 Pct Despite Earnings Miss
February 20, 2019  |  Earnings

LendingClub shares sank on guidance that missed the Street, but management said fourth quarter lending activity was strong across personal and auto loans, even as...

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Car Loan Delinquencies Flash Warning Signs On Credit?
Car Loan Delinquencies Flash Warning Signs On Credit?
February 13, 2019  |  Economy

Might the latest data on car loans – to be specific, delinquencies on those car loans – offer flashing warning signs on credit and the...

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CA Auto Dealers Want To Put Brakes On Volvo Subscriptions
CA Auto Dealers Want To Put Brakes On Volvo Subscriptions
January 18, 2019  |  Subscriptions

In an effort to halt Volvo from offering cars to consumers through subscriptions, the California New Car Dealers Association (CNCDA) filed a petition with the...

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Experian: Loan Default Rates Rose In Dec
Experian: Loan Default Rates Rose In Dec
January 15, 2019  |  Economy

S&P Dow Jones Indices and Experian released data through December of 2018 on Tuesday (Jan. 15) that showed default rates across all loan types increased from...

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