Sentences with phrase «auto loan sector»

With this partnership, AutoFi, a FinTech company in the auto loan sector, will give car -LSB-...]

For instance, the subprime auto loan sector is currently under a lot of duress.

Not exact matches

This is worrying for the automotive sector, as lenders have built up a huge collection of sub-prime auto loans.

Compared to the mortgage industry, the subprime auto loan industry is a much smaller sector.

As has been often reported, student loans have now outstripped credit card debt and auto loans as the biggest sector of consumer debt (excluding home mortgages).

The auto loan and instalment loan sectors showed the most significant increases, at 6.8 and 5.8 per cent year - over-year respectively.

Nonmortgage credit balances — auto loans and cards issued by retailers and banks — totaled $ 3.1 trillion in November, with each sector showing year - over-year balance increases as well.

Although the impact on the larger financial sector may be muted, there are over 23 million consumers who hold subprime auto loans.

With every sector of the economy going digital and tech savvy, filling out an online auto loan application is a real possibility.

FSCO regulates the insurance sector; pension plans; loan and trust companies; credit unions and caisses populaires; the mortgage brokering sector; co-operative corporations in Ontario; and service providers who invoice auto insurers for statutory accident benefits claims.