ABA DataBank: Average maturity for used car loans remains elevated
Used-car loan term lengths remain near historically elevated levels, suggesting some borrowers are stretching repayment periods to manage higher vehicle ...
Tag: Auto lending
New York Fed: Household debt holds at $18.8T in Q1
Household debt increased by $18 billion, or just 0.1%, to hold steady at $18.8 trillion in the first quarter of ...
ABA testifies on improving auto loan tax deduction implementation
Banks will be pivotal for the success of a new tax deduction for certain automobile purchases, so the IRS should ...
Fed survey: Lending standards tightened for commercial loans in Q4
Banks expect lending standards generally to remain unchanged and demand to strengthen across all loan categories in 2026. Banks also ...
ABA recommends changes to proposed car loan interest tax deduction regulations
ABA is recommending that the IRS make several changes to its proposed regulations to implement a new tax deduction for ...
ABA DataBank: U.S. auto delinquencies approaching pre-Covid highs
U.S. auto loans 90-plus days past due have reached 5.02%, with many borrowers owing more than their cars are worth ...
ABA DataBank: Auto loan delinquencies rising
Subprime auto loans are regarded as a leading economic indicator, and in August, the delinquency rate rose to 9.3%, nearing ...
ABA urges CFPB to maintain robust supervision of ‘larger participant’ nonbanks
In four comment letters, ABA urged the CFPB to maintain robust supervision of nonbanks in the markets for automobile lending, ...
New York Fed: Total household debt nearly $18.4 trillion in Q2
Total U.S. household debt increased by $185 billion, or 1%, to $18.39 trillion in the second quarter of 2025, according ...
Survey: Customer satisfaction with personal loans holds steady
Overall customer satisfaction with personal loans has remained largely flat, according to J.D. Power’s 2025 U.S. Consumer Lending Satisfaction Study.
