Auto Loan Losses Decline
Most lenders reported “historically low credit losses” among automobile loans in the second quarter, according to Fitch Ratings, but that “emerging competition, continued normalization of underwriting standards and moderating prices for used cars” could result in “modest weakening” of credit metrics over the next 12 months.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast