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According to TransUnion, the auto loan delinquency rate increased to 1.04 percent in the third quarter. However, the delinquency rate is still well below the third quarter average observed between 2007 and 2013.
Read More →TransUnion and Carfax have partnered on a new vehicle history scoring model designed to help finance sources predict credit risk on auto loans.
Read More →New York Gov. Andrew Cuomo is demanding that credit bureaus give special allowances for Hurricane Sandy victims. The credit reporting agencies, however, say they are already doing their part.
Read More →A new survey from TransUnion indicates that credit union execs are targeting auto loans to fuel their growth this year. One reason cited by executives is delinquencies remain at historic lows.
Read More →In their monthly sales forecast, J.D. Power and Associates and LMC Automotive predict that December will record a SAAR of 12.2 million units. The two firms also expect luxury share to reach its highest level since 2009.
Read More →TransUnion's Pete Turek issued his 2013 auto finance predictions this week. He expects the delinquency rate to remain consistent and debt per borrower to jump.
Read More →A new report from the CFPB finds that credit cards dominate consumer reports, while debt collection topped the list of disputes.
Read More →The credit reporting agency attributes the rise in the auto loan 60-day delinquency rate to seasonal patterns, says the rate is still down 56 percent from a recession high of 0.86 percent.
Read More →Despite growing auto debt, the majority of states and cities are experiencing declines in their auto delinquency rates, which fell to a new low for the second consecutive quarter.
Read More →The national auto loan delinquency rate reached its lowest level since TransUnion began tracking the data in 1999, the company reported this week.
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