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Auto Lenders, Consumers on a Tightrope
April borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
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SEARCHMENUSEARCHApril borrowing data shows that more consumers are bending over backward to buy vehicles, though subprime lending cooled off for the month.
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S&P Global Mobility also raises full-year expectations as industry continues pandemic recovery.
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SVR Repo is no-frills GPS solution for budget-conscious auto dealers who simply need to locate their vehicles for repossession.
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Rejection rate rising as lenders get pickier under tighter conditions.
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Bundle also includes installation, providing one-stop-shop for EV ownership.
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Deal provides advanced verification, fraud-detection capabilities to Canadian lenders.
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Jerry research reveals their delinquency rates rival those of the financial crisis of 2008 and 2009.
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June conditions balanced between high prices, interest rates and rising income and incentives.
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June average price increase least since pandemic began, Cox says.
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June’s loosening follows spring banking crisis, though access is still tighter year-over-year and compared to prepandemic.
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