Category Archives: Blog with BEBdata

Subprime Approvals May Jump Nearly 13% in ’15

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Subprime Approvals Going Up BEBdata A very interesting article published by SubPrime Auto Finance News says; CNW Research is upbeat about how much subprime paper is going to flow into finance company portfolios this year.

In a special projection report released on Tuesday, CNW is expecting subprime approvals to improve in 2015, but not quite to the same level as this past year. President Art Spinella pegged the year-over-year improvement projection at 12.75 percent “driven in large part by automakers’ captive finance companies looking to expand sales.  Read more here.

CH7 FILINGS|DISCHARGES – TOP 10 STATES BY VOLUME

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Chapter 7 Filings / Discharges

Top 10 States by Volume for 2014

BEBdata blog presents bankruptcy records of the 2014 Chapter 7 Filings & Discharges. CA leads the pack with almost double the runner up state of FL.

Chapter 7 Filings / Discharges | Top 10 States by Volume - Bankruptcy Records from BEBdata

 

Report: Distressed private student loan borrowers driven into default

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Graduate - Gril holding signInteresting article from Central Valley Business Times on Student Loan borrowers.

Struggling private student loan borrowers describe being driven into default with very little information or help when they get in trouble, no affordable loan modification options available, and alternatives to default that are temporary at best, read more here.

CPO Market Reaches Best Quarter Results

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Consumer Bankruptcy and Certified Pre-Owned marketJoe Overby of Auto Remarketing shared that Certified Pre-Owned (CPO) vehicle sales climbed nearly 20% year-over-year in September! That’s the best quarter ever for the market, says Autodata Corp.  Continue reading →