Weekly Wrap: Q2 earnings brings recoveries on NCOs, auto book growth – Auto Finance News


Several auto lenders have benefited from positive recoveries and growth in their auto portfolios during the second quarter of 2021. Capital One, for example, logged a 0.12% recovery rate – the highest recovery rate reported so far in the second quarter. For comparison, net charge-offs at the bank stood at 0.47% last quarter and at 1.16% a […]





READ SOURCE

See also  Volkswagen emissions scandal: mass lawsuit opens in Germany

LEAVE A REPLY

Please enter your comment!
Please enter your name here