Ally Financial auto loan delinquencies fall in first quarter

12 articles · Updated · The Wall Street Journal · Apr 27

Ally Financial's 30-day auto loan delinquency rate dropped to 3.69% in Q1 from 4.24% in Q4, with net charge-offs also declining.
Other major lenders, including JPMorgan Chase and Capital One, reported similar improvements; Capital One's delinquency rate fell over one percentage point to 4.21%.
Despite these improvements, some consumers continue to face negative equity and subprime borrower delinquencies remain near record highs, indicating ongoing financial stress for certain segments.

With loan terms reaching 10 years, are we creating a permanent auto debt cycle?

Why are major lenders thriving while subprime borrowers face record defaults?

How can consumers escape car loans worth more than their actual vehicle?

Do lax regulations allow predatory 'buy here, pay here' dealers to prosper?

Are new tariffs and rising gas prices making cars unaffordable for millions?