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
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