Tag Archive

Auto Loan Fraud Soars

Published on May 11, 2017 By Cucolle1

Up to 1% of car loan applications include deception, firm says Borrower fraud in U.S. auto loans is surging, and may approach levels seen in mortgages during last decade’s housing bubble, according to a startup firm that helps lenders sniff out bogus borrowers. As many as 1 percent of U.S. car loan applications include some type […]

Is the Dam Ready to Break? Auto Delinquency on the Rise

Published on April 25, 2017 By Cucolle1

Scary U.S. Auto Loan Debt Numbers Foreshadow Economic Downturn Rising U.S. Auto Loan Debt a Symptom of Bubble Economics Permeating Society Auto industry sales have come back from the “Great Recession” grave, but U.S. auto loan debt threatens to relegate the industry to purgatory. Rock-bottom interest rates have allowed consumers to gorge on debt for too […]

The Next Financial Crisis Might Be in Your Driveway

Published on February 22, 2017 By Cucolle1

With late payments on the rise, a dealership upsell begins to look dangerous. Lured by low interest rates, low gas prices, and a crop of seductive vehicles that are faster, smarter, and more efficient than ever before, American drivers are increasingly riding in style. Don’t be fooled by the curb appeal, though-those swanky machines are […]

RepoPulse to Hold Free Webinar on State Of Repossession, Auto Finance Industries

Published on October 4, 2016 By Cucolle1

Leading Economist Will Offer Assessment of Current State, What’s On the Horizon   FOR IMMEDIATE RELEASE October 3, 2016 – RepoPulse.com is excited to host a free webinar on Tuesday, October 4 at 1pm EDT to help make sure repossession agents and auto lenders are updated about the state of the auto finance and repossession […]

Auto Delinquencies Continue to Climb

Published on October 3, 2016 By Cucolle1

Detroit, MI, 30 September 2016 – The delinquency rate on subprime auto loans rose in August, and a credit rating agency that monitors the market said the trend likely will continue through the rest of 2016 as prices of used cars continue to fall. The delinquency rate has been trending upward throughout 2016 and now approaches peak […]

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