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Why auto lenders are cautiously optimistic even as late payments rise

Why auto lenders are cautiously optimistic even as late payments rise
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Ally Stock: A Sell Opportunity As High Price Overshadows Weak Earnings Growth (NYSE:ALLY)

Ally Stock: A Sell Opportunity As High Price Overshadows Weak Earnings Growth (NYSE:ALLY)
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Rise in consumer loan delinquencies signals end of pandemic trend

Delinquency rates in credit cards, auto and personal loans are effectively back to normal after three years of unusually strong credit performance. Industry executives say the current situation is easily manageable, but they do anticipate that key metrics will continue to worsen. ....

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