Consumer Delinquencies Remain Near Record Lows

Bank card and closed-end loan delinquencies rose in last yearÂ’s fourth quarter but were still near record lows, according to the American Bankers AssociationÂ’s Consumer Credit Delinquency Bulletin. Collection & Credit Risk

By |2015-04-26T15:59:25-05:00April 26th, 2015|FCRA|Comments Off on Consumer Delinquencies Remain Near Record Lows

Consumers Taking Out Auto Loans at Record Rates

A record number of consumers took out loans to buy cars in the second quarter, fueled by people purchasing used vehicles, according to data from Experian Plc. Collections & Credit Risk

By |2014-09-07T04:05:43-05:00September 7th, 2014|FCRA|Comments Off on Consumers Taking Out Auto Loans at Record Rates

Auto Loan Balances Reach Record High

Total outstanding U.S. auto loans reached a record high of $ 902.2 billion through April, an increase of more than 10% from the same time a year earlier, according to the latest Equifax National Consumer Credit Trends Report released Thursday. Collections - Credit Card

By |2014-07-26T11:48:32-05:00July 26th, 2014|FDCPA|Comments Off on Auto Loan Balances Reach Record High

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