Auto loans are the most common secured debt in the U.S. If a debtor defaults on an auto loan, the creditor can typically repossess the asset – the car – securing the loan. But if the asset is in a state of disrepair or otherwise diminished in value, the creditor cannot recoup the total balance owed by selling the car. So a deficiency balance is due from the debtor, with the balance becoming a receivable on the creditor’s books.

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DRC Services Launches Offering for Non-performing Auto Subrogation Claims

2 February 2009

Auto Loans, Home Equity Delinquencies Rise in Third Quarter 2008: ABA

8 January 2009

American Savings and Hope Community Credit Unions Merge

7 January 2009

National Auto Loan Delinquency Rates Up 17 Percent in Q3: TransUnion

16 December 2008

Big 3 Automakers Begging for $34 billion; Congress Eyeing $15 billion

8 December 2008

Consumer Credit Drops $3.5 billion in October

8 December 2008

VWA Sees 30 Percent Increase in Third Party Collections in Past Two Months

2 December 2008

Government to Spend $200 billion to Unclog Consumer Lending Market

26 November 2008

Workers, Consumers to be Biggest Losers in Big Three Automakers? Breakdown

21 November 2008

Auto Loan Delinquencies Rise: Experian Automotive

7 October 2008

Consumer Loan Delinquencies Up Slightly in Second Quarter 2008: ABA

3 October 2008

Fitch: Historic High for U.S. Prime Auto ABS Losses

1 October 2008

TransUnion.com: National Auto Loan Delinquency Rates Increased in Q2

23 September 2008

Cap One Card Charge-Offs Drop in August, Delinquencies Up

15 September 2008

Survey: Americans Lack Basic Knowledge of Their Auto Loan Interest Rate

11 September 2008

Securities Backed by Credit Card, Auto Loans Poorest Performers

4 September 2008

Capital One Auto Loan Charge Offs Rise as Cards Stabilize

18 August 2008

HSBC to Stop Making Auto Loans in U.S.

4 August 2008

ACIG Chooses Peak5 to Service a $34 Million Auto Loan Portfolio

31 July 2008

Exeter Finance Opens Sixth Branch Location, On Pace with 2008 Growth Plan

22 July 2008