Millions Postponed Auto Loan Payments During Pandemic, But Most Loans are Current Today
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TransUnion study finds borrowers used auto loan deferments as a safety net during the COVID-19 crisis.
TransUnion study finds borrowers used auto loan deferments as a safety net during the COVID-19 crisis.
TransUnion research finds many consumers benefitted from leveraging financial hardship programs.
TransUnion’s Consumer Pulse study explores the pandemic’s financial impact during the last year.
Q4 2020 TransUnion Industry Insights report explores latest consumer credit trends.
Newly released TransUnion Insurance Shopping Annual Report uncovers impacts of COVID-19 on personal auto insurance.
TransUnion analysts report more consumers in the prime and superprime credit tiers are choosing to buy used as off-lease units continue to flood the market, offering a budget-friendly alternative to increasingly expensive new cars.
DealerPolicy’s auto dealer insurance platform is now backed by TransUnion’s DriverRisk violation data solution, promising enhanced speed and accuracy of quotes.
A new solution from CoreLogic Credco was designed to help auto dealers efficiently prequalify potential customers via soft-pull credit reports and scores from all three national credit bureaus.
The firm attributed the slowdown to improvements in oil states and tightening underwriting guidelines, which have also helped stabilize delinquency rates.
Originations continued to fall at a faster rate than previous years, as finance sources continued to tighten underwriting standards during 2017’s end-of-year quarter. TransUnion officials, however, say the sector is performing well as the economy remains relatively strong.
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