Tag: auto loan

Capital and Risk, Credit

Credit scores in America just hit a record high — now for the bad news

January 15, 2020

Via: Market Watch

Americans’ credit scores continue to improve. But credit scores don’t tell the whole story of how consumers are faring financially. A new report from Experian EXPN, +1.46% found that the average FICO Score in the U.S. reached an all-time high […]

Capital and Risk, Credit

Auto Loan Interest Rates Climb to Second-Highest Level in 10 Years, According to Edmunds Analysis

February 1, 2019

Via: PR Newswire

SANTA MONICA, Calif., Feb. 1, 2019 /PRNewswire/ — Tightening credit conditions and rising vehicle prices continued to squeeze consumers in January, according to the car shopping experts at Edmunds. Due in part to an evaporation of zero percent financing deals, […]

Capital and Risk, Credit

Second credit-ratings agency flags increased stress in auto-loan market

May 24, 2016

Via: Market Watch

S&P Global Ratings joined rival credit-ratings agency Fitch Ratings in flagging increasing risk in the market that packages and sells low-rated auto loans. S&P said Monday that U.S. subprime retail auto loan asset-backed securities (ABS) transactions are leading to more […]