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The hurricanes destroyed hundreds of thousands of cars, and banks are significantly boosting their reserves in anticipation of higher defaults on auto loans. But there is also a silver lining for auto lenders.
October 25 -
The new master-trust issuance of Visa and Mastercard receivables from accounts originated and serviced by the lender builds the year's bank-card ABS volume to nearly $38 billion.
October 5 -
Synchrony Financial and Alliance Data Systems are particularly vulnerable to recent shifts in Americans’ shopping habits, according to new research from Moody’s Investors Service.
June 28