Auto loan delinquencies are now at their highest level in four years; a report from the American Bankers Association says 1.75% of borrowers with loans from a dealer are at least 30 days late; 0.94% of borrowers with auto loans from a bank are at least 30 days late. Source
Regulators in the US are contemplating giving banks additional regulatory points for lending to mid and low income Americans who...
Quoting data from Transunion the Wall Street Journal is reporting that 106 million loans have been enrolled in forbearance, deferment...
Bloomberg reports that consumers are prioritizing mobile phone payments over their auto loans; the shift has come as mobile devices...
According to recent data from TransUnion lenders reported that almost 15 million credit cards were in financial hardship programs; this...
In this episode we talk with Justin Wickett, the CEO and Co-Founder of Informed. as he discusses automated verifications, document process automation and why credit unions are so keen for help with auto lending
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