PYMNTS-MonitorEdge-May-2024

auto loans

U.S. Consumer Borrowing Posts Biggest Increase In Six Months
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
July 11, 2017  |  Payments Innovation

The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...

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Online Fraud Detection Sizzles, iPhone Shares Fizzle — And Some Upbeat Economic News
Online Fraud Detection Sizzles, iPhone Shares Fizzle — And Some Upbeat Economic News
June 02, 2017  |  Sizzle/Fizzle

Sizzle Online fraud falls — a LOT: Contrary to popular opinion — and perhaps contrary even to logic — the fraud fight has given a round...

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Americans Are Borrowing Like It’s 2008 … Sort Of
Americans Are Borrowing Like It’s 2008 … Sort Of
May 23, 2017  |  Alternative Finances

It took almost a full decade, but Americans’ debt level has reached a new all-time high, surpassing the $12.68 trillion peak it reached in the...

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UBS Finds Loan Defaults May Loom Among Young and Wealthy
UBS Finds Loan Defaults May Loom Among Young and Wealthy
April 14, 2017  |  News

Defaults on subprime auto loans and other types of credit may be poised to jump higher — and the profile of the defaulting borrowers may...

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Credit Card Debt Tops $1 Trillion
Credit Card Debt Tops $1 Trillion
April 11, 2017  |  Payment Methods

Credit card debt has surpassed the $1 trillion market in the U.S., joining student loan and auto debt to reach more than $1 trillion. According...

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Sizzle/Fizzle: In Banking, Truth as Currency
Sizzle/Fizzle: In Banking, Truth as Currency
March 31, 2017  |  Sizzle/Fizzle

If you were in the market for a credit card or looking to sell a house, this past week was a good one, as rewards...

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Alt-Lending Reshuffles, Auto Loan Alarm Bells And HHGregg Goes Bust
Alt-Lending Reshuffles, Auto Loan Alarm Bells And HHGregg Goes Bust
March 27, 2017  |  Data Dive

For those who are fans of big twists, stunning reversals and spectacular admissions of defeat, last week’s news cycle came as a sort of Christmas...

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The Increasingly Alarming Auto Lending Situation
The Increasingly Alarming Auto Lending Situation
March 22, 2017  |  Banking

According to the latest data out of auto lender Ally Financial, the auto lending segment seems to be encountering some engine trouble — brought on...

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Auto Loans On Fire: Sizzle Or Big Fizzle In The Making?
Auto Loans On Fire: Sizzle Or Big Fizzle In The Making?
February 24, 2017  |  Sizzle/Fizzle

Baby, you can drive my car … loan book off a cliff. Warning signs in subprime are heating up like an engine light on the...

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