The auto lending market is feeling the strain. Loan balances in the U.S. have climbed to $1.66 trillion*, and delinquencies are on the rise. Most lenders are used to dealing with missed payments or charge-offs, but there’s a newer problem creating even bigger headaches: bust-out fraud. Bust-out fraud may look
The lending industry is facing challenges unlike anything we have seen in years. Auto loan balances have reached a record $1.66 trillion*, and with delinquencies rising sharply, lenders are under intense pressure to protect their portfolios. More than 3 million vehicles are projected to be repossessed in 2025, and below-prime
The auto lending market is feeling the strain. Loan balances in the U.S. have climbed to $1.66 trillion*, and delinquencies are on the rise. Most lenders are used to dealing with missed payments or charge-offs, but there’s a newer problem creating even bigger headaches: bust-out fraud. Bust-out fraud may look
The lending industry is facing challenges unlike anything we have seen in years. Auto loan balances have reached a record $1.66 trillion*, and with delinquencies rising sharply, lenders are under intense pressure to protect their portfolios. More than 3 million vehicles are projected to be repossessed in 2025, and below-prime