Tag: auto loans

According to the most recent State of the Automotive Finance Market report, the total balance of open automotive loans increased 11.1% in Q1 2016,...

Published: June 9, 2016 by Guest Contributor

As new vehicle prices continue to rise, more consumers are turning to leasing as a cost-effective auto financing option. Findings from the most recent...

Published: April 21, 2016 by Carrie Janot

According to Experian’s latest State of the Automotive Finance Market report, auto loan balances reached an all-time high of $987 billion in Q4 2015...

Published: February 18, 2016 by Carrie Janot

According to the latest State of the Automotive Finance Market report, consumers are continuing to extend loan terms as a way to keep payments......

Published: September 4, 2015 by Carrie Janot

While auto delinquencies declined slightly year over year (3.01% for accounts 30 days past due or greater in Q2 2015 versus 3.03% a year...

Published: August 20, 2015 by Carrie Janot

According to Experian’s latest State of the Automotive Finance Market report, auto loan balances reached an all-time high of $905 billion in the first...

Published: June 1, 2015 by Carrie Janot

Auto loan originations reached $153 billion in Q2 2014, which was a 16 percent increase over the same quarter last year. While the largest...

Published: October 2, 2014 by Carrie Janot

While automotive loan originations grew 15 percent year over year in Q1 2014, a recent Experian Automotive study found that more consumers are continuing...

Published: July 18, 2014 by Carrie Janot

According to Experian’s latest State of the Automotive Finance Market report, interest rates for new auto loans dropped to 4.27 percent — the lowest...

Published: December 15, 2013 by admin

Findings from Experian's latest State of the Automotive Finance Market analysis showed the average loan term for a new vehicle jumped to an all-time...

Published: April 21, 2013 by admin

Loans to customers in the nonprime, subprime and deep-subprime credit risk tiers accounted for more than one in four new vehicle loans in Q2...

Published: September 16, 2012 by admin

Total balances of automotive loan portfolios rose for all types of lending organizations in Q2 2012, reaching $682 billion, compared with $646 billion in...

Published: August 19, 2012 by admin

With interest rates at their lowest level since 2008 and an increasingly competitive market, automotive lenders are increasing their willingness to make loans between...

Published: April 12, 2012 by josephine.munis

Lenders continued to increase their appetite for risk in Q2 2011, with new vehicle loans for customers with credit outside of prime increasing by...

Published: March 23, 2012 by josephine.munis

Lenders are increasing loans to credit-challenged customers. According to Experian’s quarterly automotive credit analysis, 21.87 percent of all new vehicle loans went to customers...

Published: March 16, 2012 by josephine.munis