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The share of subprime, longest loan terms grow in Q4 as consumers take on more debt over longer terms to afford higher vehicle prices, Experian research finds.
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Consumers demanding efficient, seamless online experiences as they shop for loans, survey finds
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Third-quarter stats find budget acrobatics, more accounts in arrears
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Data reflect growing finance activity on the extreme ends of credit risk scale
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Study shows risk significantly elevated, especially among lower-risk credit tiers
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Already strong demand is making sector loan rates actually rise. That could combine with falling supply, production to cut sales.
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F&I pros still favor national institutions over regional, according to fresh survey.
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Q2 saw a jump in new borrowing, leases, but no past-due loan growth.
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