Automotive Lending

Q1 2019 Consumer Credit Trends

Consumer credit trends are continuously changing, making it imperative to keep up with the latest developments in originations, delinquencies on mortgages, credit cards and auto loans. By monitoring consumer behavior and market trends over time, you can predict and prepare for potential issues within each market. In this 30-minute webinar, our featured speakers, Gavin Harding, Experian Senior Business Consultant, and Alan Ikemura, Experian Data Analytics Senior Product Manager, reveal Q1 2019 market intelligence data and explore recent advances in consumer credit trends. Watch our on-demand webinar

Published: June 4, 2019 by Laura Burrows
Changing Consumer Credit Trends

Consumer credit trends and markets are constantly evolving, particularly when it comes to originations and delinquencies on mortgages, credit cards and auto loans. According to Experian research, over 2.7 million out of 89 million active automotive loans and leases are either 30 or 60 days delinquent. Triggers that signal a greater likelihood of consumers falling delinquent on loans, mortgages and credit card payments, include high-interest rates, a high utilization rate and recent derogatory trades. By tracking and forecasting consumer trends over time, you can more easily predict consumer behavior and better prepare for potential issues within each market. Join Gavin Harding, Experian Senior Business Consultant, and Alan Ikemura, Experian Data Analytics Senior Product Manager, during our live Quarterly Credit Trends webinar on May 30 at 2:00 p.m. ET. Our expert speakers will provide a view of the real estate market and share insights on the latest consumer credit trends. Highlights include: 2019 economic drivers Q1 2019 origination and delinquency trends Mortgage Home equity Bankcard Auto Register now

Published: May 9, 2019 by Laura Burrows
Quelling Concern: The Percentage of Delinquent Auto Loans Remains Relatively Stable

Increase in delinquent loans has led to a discussion about the auto finance industry's stability. But it’s important to put these trends into context.

Published: February 28, 2019 by Melinda Zabritski
Putting Consumers in the Driver’s Seat of Their Credit Scores

Experian Boost gives consumers greater control over their credit profiles by allowing them to add non-traditional credit information to their Experian credit file.

Published: January 25, 2019 by Jeff Softley
The Automotive Finance Markets Shift to Prime … And Other Trends

Findings from the Q3 State of the Automotive Finance report show that Subprime originations hit the lowest overall share of the market seen in 11 years.

Published: December 27, 2018 by Melinda Zabritski
The Future of EVs: “Greener” Pastures

There are four reasons why the auto industry should be enthusiastic about the electric vehicle segment’s future.

Published: November 2, 2018 by Brad Smith
Consumers Continue to Withstand Higher Vehicle Costs

Despite consumers taking out larger loan amounts, they continue to make their monthly payments on time. But, affordability remains a

Published: October 22, 2018 by Melinda Zabritski
Simple Steps to Lift an Experian Security Freeze

Do you have a client who is applying for credit but has placed a security freeze on his Experian file? Here’s how you can help.

Published: March 14, 2018 by Guest Contributor
Trended Attributes: Key to Segmentation Strategy Development

Trended attributes can provide significant lift in the development of segmentation strategies and custom models are used effectively across the life cycle.

Published: February 19, 2018 by Guest Contributor
It’s a “prime” time to buy a car

Experian’s latest State of Automotive Finance Market report reveals the average credit score for purchasing a vehicle has increased four points across the board.

Published: December 19, 2017 by Melinda Zabritski
Demystifying alternative data

Alternative data for credit has created national headlines in the past year and a lasting buzz in the financial services world.

Published: December 5, 2017 by Guest Contributor
How lenders can win with a data-driven credit marketing strategy

Many institutions take a “leap of faith” when it comes to developing prospecting strategies as it pertains to credit marketing. How can a data-driven approach help?

Published: August 1, 2017 by Kyle Matthies
Using trended data for deeper lending

Historical data that illustrates lower credit card use and increases in payments is key to finding consumers whose credit trajectory is improving.

Published: July 25, 2017 by Denise McKendall
What bubble?

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?

Published: June 15, 2017 by Traci Krepper

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