Tag: Auto Finance

How Federal Reserve Rate Changes Impact Auto Loan Interest Rates

Explore how Federal Reserve rate changes affect dealership floorplan interest and auto loan rates offered by indirect lenders, influencing underwriting and risk assessment in auto insurance.

U.S. Auto Loan Defaults Surge 40%, Driving Repossession Rates Higher

U.S. auto loan defaults have risen 40% in two years, boosting repossessions amid rising insurance costs and household expenses. Explore refinancing and lender communication strategies.