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Extending credit to high-risk customers is harder, but there are ways to get those customers into loans.
http://www.providers-administrators.com/371262/dealers-face-difficulty-placing-subprime-loans
Report shows $400 million increase as fraudsters refocus to automotive loans.
http://www.providers-administrators.com/371189/auto-lenders-fraud-exposure-rose-in-2022
S&P Global Mobility reports auto loan delinquency exceeded recession-era highs in the first quarter.
http://www.providers-administrators.com/371170/auto-delinquency-soars-in-q1
Federal Reserve keeps interest rates steady but signals borrowing costs will increase by another half of a percentage point by year’s end.
http://www.providers-administrators.com/371160/interest-rates-stay-status-quofor-now
Analysts predict downward shift over the last two months will continue.
http://www.providers-administrators.com/371139/upward-surge-in-used-car-prices-reversing-course
Declines continued throughout the entire market last week, with the exception of one segment, Sporty Car, which was up only +0.04%.
http://www.providers-administrators.com/371127/black-book-weekly-market-report-11
Economic headwinds are not deterring sales, Cox Automotive analysts find.
http://www.providers-administrators.com/371107/new-vehicle-inventories-sales-stay-steady
May index lowest since February 2021 as subprime, negative-equity shares fall.
http://www.providers-administrators.com/371099/auto-credit-tightens-to-2-year-low
Despite a stronger Q2 market, negative sentiment lingers over weak economic conditions and high interest rates, Cox Automotive says.
http://www.providers-administrators.com/371090/cox-automotive-dealers-see-weak-market-ahead
Q1 numbers show they’re trying new tacks to combat the effect of high interest rates, still-high vehicle prices.
http://www.providers-administrators.com/371048/consumers-find-ways-to-cut-car-purchase-costs