Loading...

What bubble?

Published: June 15, 2017 by Traci Krepper


Subprime vehicle loans

When discussing automotive lending, it seems like one term is on everyone’s lips: “subprime auto loan bubble.” But what is the data telling us?

  • Subprime auto lending reached a 10-year record low for Q1.
  • The 30-day delinquency rate dropped 0.5% from Q1 2016 to Q1 2017.
  • Super-prime share of new vehicle loans increased from 27.4% in Q1 2016 to 29.12% in Q1 2017.

The truth is, lenders are making rational decisions based on shifts in the market. When delinquencies started going up, the lending industry shifted to more creditworthy customers — average credit scores for both new and used vehicle loans are on the rise.

Read more>

Related Posts

As subprime originations decrease, some think that subprime consumers are being locked out of the automotive finance market, but...

Published: September 15, 2020 by Melinda Zabritski

The early assessment for the automotive industry is that despite significant challenges at the onset of the pandemic, the...

Published: August 17, 2020 by Melinda Zabritski

Experian Boost provides a unique opportunity to help dealers build loyalty while helping consumers....

Published: September 4, 2019 by Matt Joiner

Subscription title for insights blog

Description for the insights blog here

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Categories title

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

Subscription title 2

Description here
Subscribe Now

Text legacy

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source.

recent post

Learn More Image