MENU
SEARCHMENUSEARCH
Below-prime auto loan originations continued to pick up steam in the third quarter, with the biggest gains seen in the two highest risk segments, Experian Automotive reported.
Read More →Automotive Compliance Consultants (ACC) has launched a new credit reporting bureau service that enable dealers to download credit reports from Experian, TransUnion and Equifax from the company’s Compliant Solved web dashboard.
Read More →Experian Automotive's and Experian Hitwise's joint analysis of second quarter shopping and purchasing trends revealed that the gap between market share of branded searches and new-vehicle registrations has closed, indicating that searches precluded actual purchase.
Read More →
The auto finance marketplace is heating up, but executives from six top finance sources said there’s more at play than simply a race for market share.
Read More →Auto loans were the only credit segment to experience a decrease in defaults in September, falling to 1.29 percent from August’s 1.31 percent, according to the S&P/Experian Consumer Credit Default Indices.
Read More →
In the second quarter, finance sources continued their drive down into the high-risk credit tiers and consumers continued to pay on time. But the magazine’s resident finance insider wonders how long those trends can continue in this month’s review of quarterly auto finance trends.
Read More →Data from the S&P/Experian Consumer Credit Default Indices indicated that the auto loan default rate inched up from July to August.
Read More →Experian Automotive reports that the below-prime segment represented 22.29 percent of all loans originated in the second quarter, up from 18.21 percent in the year-ago quarter.
Read More →Falling from 1.29 percent to 1.27, the auto loan default rate continued to improve along with other credit categories in July, according to the S&P/Experian Consumer Credit Default Indices.
Read More →
Delinquencies and dollar volume of at-risk loans continued to fall in the first quarter, and auto finance sources responded, with shares of loans to credit-challenged buyers increasing by 11.1 percent. Experian Automotive’s director of automotive credit provides a snapshot of other auto finance trends from the quarter.
Read More →