Consumer lending is a bright spot for big banks

by Justin Ho Oct 17, 2019
Even as retail sales growth is showing signs of stalling, consumers are continuing to borrow.
The JP Morgan Chase headquarters in Manhattan.
Spencer Platt/Getty Images

Auto loans are taking longer to pay off

by Kai Ryssdal and Bennett Purser Oct 2, 2019
That could hurt consumers but benefit banks and dealerships.
Ford F-150s are lined up at a dealership in Hudson, Wisconsin.
Karen Bleier/AFP/Getty Images

Auto loan delinquencies rise for younger drivers

by Erika Beras Feb 14, 2019
New car sales have been high for the past few years, and that means there are a lot more car loans out there. There are a lot more delinquent ones, too. According to a report from the New York Federal…
PXhere

Consumer Financial Protection Bureau warns of longer-term car loan risk

by Aaron Schrank Nov 7, 2017
There’s been a big increase in the number of long-term car loans purchased by U.S. drivers in recent years, according to a recent report by the Consumer Financial Protection Bureau. Longer-term loans mean smaller monthly payments for borrowers, but they…

Why are subprime auto loans still a thing?

by Jana Kasperkevic Jun 21, 2017
Did we not learned anything in 2008?
A sign advertises easy credit at a used car dealership in Chicago, Illinois. 
Scott Olson/Getty Images

Auto-loan market starting to spook lenders

by Adam Allington May 12, 2017
The state of the auto loan market is causing some concern among analysts. Many are drawing comparisons with the mortgage-lending crisis that figured largely in the financial crash of 2008. At issue is the growing number of riskier, subprime loans.…

LendingClub expands its business around auto loans

by Sally Herships Oct 25, 2016
LendingClub, the peer-to-peer loan company, is getting into the auto loan business. Americans borrow over $500 billion a year to help pay for their cars. But there’s a lot of room on the road for more business — only $40…
Carl Court/Getty Images

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Just how healthy is the auto loan industry?

by Annie Baxter Sep 7, 2016
Experian says borrowers are "very prime," but not everyone agrees.
The delinquency rate on car loans is up slightly but subprime car loans are shrinking. 
MARK RALSTON/AFP/Getty Images

Are booming auto loans risky for banks?

by Mark Garrison Mar 3, 2016
We're borrowing more cash than ever to buy cars - and banks are happy. For now.
A woman signs a contract with a sales consultant at a Hyundai dealership.
PAUL J. RICHARDS/AFP/Getty Images

Is there a loan that's played a big role in your life?

by Marketplace Weekend Staff Nov 13, 2015
Was it for good, or bad?

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