Subprime Auto Loan Delinquencies 2017
Deep Subprime Auto Loans Are Surging - Bloomberg
About a third of the risky car loans that are bundled into bonds are considered deep subprime a level that has surged since 2010 and is translating to higher delinquencies on the loans
Actived: Tuesday Mar 28, 2017 (2 years ago)Get URL
Subprime auto loans are increasingly going - Bloomberg.com
It s classic subprime hasty loans rapid defaults and at times outright fraud. Only this isn t the U.S. housing market circa 2007. It s the U.S. auto industry circa 2017. A decade after
Actived: Monday Jul 17, 2017 (1 year ago)Get URL
U.S. Auto Loan Interest Rates and Delinquencies Q4 2017
Overall auto delinquency is on the rise and the first quarter of 2017 saw near-record volume $8.27 billion in new severely delinquent auto loans. 2 Interest rates dipped last quarter with average new car loan rates down to 5.11 .
Actived: Monday Mar 18, 2019 (4 days ago)Get URL
Auto loan delinquencies rise as drivers splurge on pricey cars
Auto loans topped $1 trillion for the first time last year. Auto loan delinquencies are now rising faster than any other category. Still car loans make up only a small portion of total household
Actived: Tuesday Jun 13, 2017 (1 year ago)Get URL
U.S. Household Debt Reaches Record $13 Trillion Watch
Given its current relative size as a consumer loan segment delinquent subprime auto loans from auto finance companies do not on an absolute basis meaningfully impact the overall economy.
Actived: Tuesday Nov 14, 2017 (1 year ago)Get URL
Lenders hit the brakes on subprime auto loans - CNBC
A new report by Experian shows the number of loans written in the first quarter for borrowers with subprime and deep subprime credit ratings fell to a 10-year low.
Actived: Wednesday Jun 7, 2017 (1 year ago)Get URL
Auto loan delinquencies extending beyond subprime
Auto loan delinquencies extending beyond subprime consumers February 2 2017 by Kelly Kent There has been a lot of discussion around the auto loan market regarding delinquency rates in the past year.
Actived: Wednesday Feb 1, 2017 (2 years ago)Get URL
Car loans in the US have hit record levels and
The worsening in the delinquency rate of subprime auto loans is pronounced with a notable increase during the past few years said the bank a few months ago.
Actived: Tuesday Mar 19, 2019 (3 days ago)Get URL
Auto-Loan Subprime Blows Up Lehman-Moment-Like Wolf Street
Of all auto loans outstanding 2.4 were 90 days seriously delinquent up from 2.3 in the prior quarter. But delinquencies are concentrated in the subprime segment that $282 billion and all hell is breaking lose there.
Actived: Monday Nov 13, 2017 (1 year ago)Get URL
Fitch on auto loan market - Business Insider
The 60 day delinquency rate for subprime is closing in on the 6 mark and is the highest in at least seven years. Fitch expects that deteriorating credit performance will be more acute in the
Actived: Wednesday Mar 22, 2017 (2 years ago)Get URL