Auto Loan Growth Ran Out Of Steam In Q4, New York Fed Reports

Auto lenders are getting pickier about loan approvals, in response to higher delinquencies. According to the latest New York Fed Household Debt and Credit Report, delinquencies were up in the fourth quarter of 2017, and auto loan and lease originations were down, vs. the same quarter a year ago.February 13, 2018 at 02:14PM

via Forbes Real Time