Auto Loan Delinquency

1 min read

Post-Pandemic Credit Union Trends

June 19, 2021 Cucolle1

I talked recently with Joel Bowen, President of the California Credit Union Collectors Council...

1 min read

Experian Q1 Auto Finance Trends Show Bad News for the Repo Industry

May 27, 2021 Cucolle1

Experian, the world largest credit reporting bureau, released it’s Q1 2021 State of the...

1 min read

Allied Solutions Partners with PSCU for Delinquency Management Services

March 13, 2021 Cucolle1

St. Petersburg, Fla. (March 11, 2020) – PSCU, the nation’s premier payments credit union service...

1 min read

Experian Launches Portfolio Loss Forecaster

August 4, 2020 Cucolle1

Today, Experian and Oliver Wyman launched the Ascend Portfolio Loss ForecasterTM, a solution built to...

1 min read

Federal CU Incomes Dropped 40% Compared to Previous Year – Loan Loss Expectations Primary Culprit

July 2, 2020 Cucolle1

Increased Loan Loss Reserves Forecasted Dramatic Losses as COVID-19 Crisis Began The National Credit...

4 min read

90 Day Auto Loan Delinquency Reaches Highest Level Since 2009

May 16, 2019 Cucolle1

Despite Record Low Unemployment and a Strong Economy, Auto Loan Delinquency Surges Serious auto-loan...

1 min read

Texas Credit Union Department Issues Early Stage Auto Loan Delinquency Warning

April 28, 2019 Cucolle1

Austin, TX – 17 April 2019 – In response to early stage auto loan...

3 min read

Fed: Auto Loan Delinquency Reaches Highest Level since 2010

February 13, 2019 Cucolle1

Detroit, MI – 13 February 2019 – Borrowers are behind in their auto loan...

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Credit Acceptance Collection Cases Dominate Detroit’s Court System

October 17, 2018 Cucolle1

When Don Foss started his career as a car salesman, he recognized early on...

1 min read

NY State Reins in Use of Auto Interrupt Devices

October 15, 2018 Cucolle1

New York, NY – 9 October 2018 – On October 2, 2018, New York...

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Dealership Fined $2M in Loan Fraud Fines

September 5, 2018 Cucolle1

Erie, PA – 3 September 2018 – A Pennsylvania dealership has agreed to pay...

9 min read

Auto Loan Delinquency Rising, But Mostly in Subprime Borrowers

August 17, 2018 Cucolle1

Steady increases in U.S. auto debt over the past seven years have raised concerns...

1 min read

14 Year Old Dragged from Car as TN Police Assist Repo – Video goes Viral

June 28, 2018 Cucolle1

Chatanooga, TN – 25 June 2018 – Jeez! Can you say “Lawsuit? Some poor...

1 min read

22 Repo Industry Statistics, Trends & Analysis

May 5, 2018 Cucolle1

Cruising Google for stories, as I frequently do, I stumbled across this interesting article...

1 min read

Small Subprime Lenders Are Starting to Fail

April 12, 2018 Cucolle1

New York, NY – 6 April 2018 – Growing numbers of small subprime auto...

1 min read

Mayor’s Car Repo’d During City Council Meeting

December 5, 2017 Cucolle1

Riviera Beach, FL – 4 December 2017 – It wasn’t on the agenda but...

2 min read

NY Fed: Auto Loan Delinquencies Rising in the “Sub-Prime” Market

November 27, 2017 Cucolle1

New York, NY – 21 November 2017 – The growth in household debt can...

7 min read

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

April 25, 2017 Cucolle1

  Scary U.S. Auto Loan Debt Numbers Foreshadow Economic Downturn Rising U.S. Auto Loan...