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Ally says the auto-lending party isn’t over just yet

The Detroit company’s first-quarter results were highlighted by a 14% increase in car-loan originations. While executives expect credit quality to start normalizing, they also say that demand for vehicles will remain robust, with an estimated 4 million-5 million consumers still waiting on the sidelines.

Read the full article at: www.americanbanker.com

The post Ally says the auto-lending party isn’t over just yet appeared first on LendIt Fintech News.

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