Sentences with phrase «auto loan market»

While the pain from an imploding subprime auto loan market would be much less than what ensued from the housing crisis, the economy is still on relatively fragile footing, and losses could ultimately stall the broader recovery for millions of Americans.

After a decade of increasing auto loan market activity, lenders are pulling back as Americans struggle with affording their new cars.

Such examples of distress underscore the broader strains within the subprime auto loan market.

«Meanwhile, we observe continued strength in the auto loan market with the largest volume of originations since 2006.»

«Meanwhile, we observe continued strength in the auto loan market.»

Credit unions make up 21 % of the auto loan market for a good reason: they are nonprofit institutions, which means they can offer lower rates than banks.

Additionally, the CFPB published a another report highlighting several changes in the auto loan market in America.

In the US, the auto loan market applies to over 100 million vehicles with an outstanding debt balance that is over $ 1 trillion.

Credit tracking company Experian claims that this statistic should alleviate recent concerns about the auto loan market.

Third - quarter reports show subprime vehicle loans represent a smaller percentage of the auto loan market compared to the past five years.

Capital One is one of the largest lenders in the sub-prime segments of the credit card and auto loan markets.

Oblivious to the recent debacle in subprime home lending, auto lenders have worked hard to develop the subprime (borrowers with credit scores below 640) auto loan market, offering seven and eight year loans and other strategies designed to make monthly payments low.

The auto loan market is much more decentralized than other loan types, particularly mortgages and student loans.

Lenders have many tools to reduce their risk in the auto loan market, and the Fed's report illustrated a few popular choices from the top banks.

You will be able to get lower rates and better loan conditions with us than with any other lender of the auto loan market.

Many are barreling further into the auto loan market to help recoup the billions in revenue wiped out by regulations passed after the 2008 financial crisis.

The size of the subprime auto loan market is a tiny fraction of what the subprime mortgage market was at its peak, and its implosion would not have the same far - reaching consequences.

Some have started to compare what's happening in the auto loan market to the home mortgage crisis that helped trigger the Great Recession and financial crisis of 2008 - 2009.