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Experian Unveils Tri-Bureau Trended Attributes

COSTA MESA, Calif. — Experian unveiled the industry’s first tri-bureau trended attributes, which are aimed at giving finance sources a wider view into consumer credit behavior and patterns over time. Ultimately, this helps them expand into new risk segments and better tailor credit offers to meet consumer needs. An Experian analysis shows that custom models ... Read More »

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Experian: Auto Loan Balances Grow at Fastest Rate Since 2006

SCHAUMBURG, Ill. — The total dollar volume for outstanding automotive loan balances grew by $92 million from the second quarter of 2014 to the second quarter of 2015, according to Experian Automotive’s latest State of the Automotive Finance Market report. It was the largest dollar volume growth since 2006. Findings from the report showed that ... Read More »

Consumers Relying on Financing, Experian Reports

SCHAUMBURG, Ill. —Consumers are relying on financing more than ever to buy their next vehicle, according to Experian Automotive. The firm’s latest State of the Automotive Finance Market report shows that the percentage of new vehicles purchased with financing in the fourth quarter of 2014 increased over the previous year to reach 84%. Used vehicles ... Read More »

Some Fear That Auto Industry is Returning to Bad Habits

Big discounts. Six- or seven-year loans, in some cases to buyers who would have been turned down in the past, reported The Detroit News. As the auto industry strives to sustain its post-recession comeback, car companies are resorting to tactics that some experts warn will lead to trouble down the road. Vehicle discounts have risen ... Read More »

The Sub-Prime Cinderella Story: Who Has The Glass Slipper?

NAF Association Survey: 96% Non-Prime Auto Lenders Agree, Competition Heating Up

Interest Rates at Lowest Levels Since 2008, Experian Reports

Ally Tops Experian Rankings

DealerTrack to Serve as Reseller of Experian's AutoCount Reports

Auto Loan Delinquencies Drop for First Time Since 2007