
Like previous quarters, the third quarter saw finance sources continuing to delve deeper into the credit spectrum. But is this good for the industry?
Read More →TransUnion's Pete Turek issued his 2013 auto finance predictions this week. He expects the delinquency rate to remain consistent and debt per borrower to jump.
Read More →Despite growing auto debt, the majority of states and cities are experiencing declines in their auto delinquency rates, which fell to a new low for the second consecutive quarter.
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Auto sales jumped out to a 14.5 million-unit pace in the opening quarter of 2012. The catalyst was a surging auto finance market in which several key metrics fell to pre-recession levels.
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