F&I Showroom Magazine
MENU
SEARCHMENUSEARCHLoading data...
Riskier categories were on the uptick for the month as lenders loosened access in several areas while balancing out the exposure in another, Cox Automotive reported.
Read More →
Credit proved readily available for many, but most loans left buyers in negative territory, Cox Automotive said.
Read More →June numbers show lenders are readily granting access, including to risky borrowers, as consumers leverage themselves to take on high prices.
Read More →Consumer credit defaults remained relatively stable in July, according to data from S&P Dow Jones Indices and Experian. The on exception were auto loans, which showed an increase in defaults.
Read More →The CFPB is finalizing a policy that would allow consumers to publicly share their stories when they submit complaints to the bureau. The regulator is also seeking public comment on ways to highlight positive consumer experiences.
Read More →In response to the CFPB’s activities this year, the trade group has launched a new certification program for auto finance sources. The program was developed by Hudson Cook LLP.
Read More →The American Bankers Association found that delinquencies across all credit segments rose six basis points in the second quarter. Overall, delinquencies remain significantly below their 15-year average.
Read More →New non-mortgage credit balances continue to increase, while new auto, bank and retail cards, consumer finance, home equity and student loan credit rose by $61 billion in January.
Read More →U.S. consumer credit data from CreditForecast.com, a joint product of Equifax and Moody's Analytics, projects a rebounding consumer environment along with recovering auto and home markets in 2012.
Read More →