On October 19th, Ally Financial held its third quarter 2022 earnings conference call for investors. With their eluding to a new “just giving our customers a little bit more time to pay” strategy to explain a rise in delinquency in their 60-day (3 payments past due) tranche in the Q2 report in July, it became a point of interest in its effect.
A fly on the wall – Ally Financial 60-day delinquencies rise above 2019 levels – Credit Union Collections – Credit Union Collectors – Ally
More Stories
Stupid Stuff Fraudsters Buy: The $250 Million Pool Shark
Argos Risk Announces Partnership with Credit Union Loan Source
The New Face of Auto Theft: Financing Fraud
Capital One Is Lending More to Subprime Borrowers. The Real Test Comes in 2027
Ally Keeps Growing as Auto Loan Delinquencies and Losses Edge Higher
When a Car Is Obtained Through Fraud, Is It Counted as Stolen?