The ratio of borrowers that are 60 more days past due on their auto loans continue to remain at near historic low levels, TransUnion says.
TransUnion says rate of mortgage holders more than 60 days behind now at 5.19%, primarily driven by older loans.
Forget that jobless claims were revised upward, even higher than initial projections. The New Year is a time for optimism. As California CU League Economist Dwight Johnston wrote in his commentary in the Trust for Credit Unions e-newsletter, “This was the fifth year in a row of triple-digit gains on...
Last year was not the most glowing year for student loans, reputation-wise. The Consumer Financial Protection Bureau’s release of numerous negative comments from the public on their experiences as private student loan borrowers, comparisons of student loans to the burst mortgage bubble and the fact that national student loan debt...
With a combination of used vehicles reaching their maturity mark for some car drivers and record financials from manufacturers that have emerged from a dismal scene, 2013 may shape up to be a solid year for auto lending growth.
Resolution for 2013: Put some energy into political activity, regardless of which side of an issue you're on.
White paper says TransUnion finds delinquency rate at 5.33% for all private student loans; Callahan says rate is 1.45% at credit unions.
Signs point to solid year for auto lending growth in the year ahead, driven by used vehicles aging out and automaker financials.
Debt collection generates highest rate of disputes, report released Thursday adds.
Lateness, card debt, up a bit nationwide.