Tuesday, August 15, 2023

In The News:

Auto loan delinquencies were at 7.3% in Q2, also higher than pre-pandemic levels. Meanwhile, mortgage delinquencies remain very low.
The Consumer Financial Protection Bureau is taking aim at the practice of borrowers exchanging the title of their vehicle for a small-dollar loan.
These are the highest values reached since the data series began in Q1 2020. Looking at the various loan types: A total of 15,167 car loans were drawn ...
... Ranil Wickremesinghe, who is also the finance minister. However, import bans on passenger vehicles including cars will remain in place.
Franchised dealers must offer customers a seamless used car buying experience by better embracing omnichannel and ensuring their sales teams are ...
... its consolidated financial results for the second quarter of 2023. ... telematic services from the car financing sector in Latin America.

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