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
The $694 Million Paradox: When Does a Risky Loan Become Too Risky to Make?
He Bought Their Identities. Then He Bought the Cars
Catch Me If You Can: Inside the Gingerbread Man Auto-Fraud Enterprise
Case Study: Out of the Inbox, Into the System
Same FICO, Different Risk: Geography Emerges in Auto Loan Delinquencies
All Loan and No Cattle