Subprime Auto Loan news and trends

Subprime Auto Loan Bond Delinquency Rate at 5.13% in October

November 08, 2022
subprime auto loan delinquency
Santander To Pay $25M To Resolve Auto Loan Allegations
Legal // March 30, 2017

Santander Consumer USA Holdings Inc, a unit of Spain’s Banco Santander, will pay nearly $25 million to two U.S. states — $22 million to Massachusetts and $2.87 million to Delaware — to resolve predatory subprime auto loan allegations. Get the Full Story Complete the form to...

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Subprime Auto Loan Bond Delinquency Rate at 5.13% in October

November 08, 2022
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.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]

Santander To Pay $25M To Resolve Auto Loan Allegations

March 30, 2017
Santander Consumer USA Holdings Inc, a unit of Spain’s Banco Santander, will pay nearly $25 million to two U.S. states — $22 million to Massachusetts and $2.87 million to Delaware —...