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Supply backlog of 2023 vehicles nearly at prepandemic level.
https://www.fi-magazine.com/373789/discounts-return-as-previous-year-models-sit
Credit access varied depending on vehicle, lender type, Cox says.
https://www.fi-magazine.com/373691/auto-borrowers-had-mixed-month
Compared to millennial cohort a decade ago, they’re tapping credit more and have higher delinquency rates, report found.
https://www.fi-magazine.com/373684/generation-z-borrowers-more-indebted
Borrowers seeking to buy vehicles despite affordability issues were the top culprits last year as newer methods increase.
https://www.fi-magazine.com/373680/auto-lending-fraud-up
Less than 1% say they collect a digital copy, validate and compare against DMV records.
https://www.fi-magazine.com/373658/700credit-survey-shows-how-dealers-are-susceptible-to-fraud-through-flawed-id-pr
March loosening is second month in a row of eased access.
https://www.fi-magazine.com/373456/auto-credit-easier-to-come-by
What auto retailers and lenders can do to help consumers get into a car loan they can afford.
https://www.fi-magazine.com/373273/how-to-wrangle-rates-high-prices-and-economic-challenges
But average payments increased for both new and used models.
https://www.fi-magazine.com/373216/auto-loan-terms-fell-in-q4
CFPB looking into consumer credit account data. Company says it’s cooperating.
https://www.fi-magazine.com/373086/honda-finance-arm-probed-1
January continued three-month streak of tightening across channels.
https://www.fi-magazine.com/373074/car-loan-access-down