Six years after the dark days of the Great Recession, automotive lending is back on the rise, while delinquencies on those loans remain grounded.
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Tag: loan delinquencies
As fears of increasing auto loan delinquencies are giving some lenders pause, Capital One Auto Finance president of financial services Sanjiv Yajnik calls said increase a return to “norm,” with pent-up demand and greater competition will maintain availability of credit.
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