Driving the Market: A Guide to Auto Loan Portfolio Buyers
In the world of auto loans, savvy investors have a golden opportunity to tap into a lucrative market. The auto loan industry is experiencing significant fluctuations, driven by a combination of economic trends and consumer behaviors. In April this year, 5.23% of subprime auto loans were 60 days or more delinquent, the worst April on […]
What is an auto deficiency balance?
With nearly 2.2 million vehicle repossessions every year and over $600 billion in auto loans in the United States, many consumers may be wondering what leads to repossession and why they still owe money even after their car has been taken away. This is called an auto deficiency balance. The goal of this Money Chat Article – […]
