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Stock impact report

Auto lenders share dealers' affordability dilemma [Yahoo! Finance]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: Yahoo! Finance
LAS VEGAS — Affordability is just as big a buzzword for auto lenders as it is for auto dealers, judging by discussions at the American Financial Services Association's 2026 Vehicle Finance Conference & Expo. “Affordability is a constraint for the market that's keeping consumers on the sidelines,” Satyan Merchant, senior vice president, automotive and mortgage for TransUnion, said in a Feb. 1 “Industry Pulse” panel at the lender conference. “2026 sales are pointing downward,” Merchant said during the panel. The biggest headwinds for 2026 sales are higher prices and economic uncertainty, he said. According to TransUnion, a Chicago-based credit reporting bureau, average monthly payments and the average amount financed have increased for both new- and used-vehicle loans, despite interest-rate cuts by the Federal Reserve The net result is that the average used-vehicle monthly payment was almost the same as the average new-vehicle monthly payment was in the fourth quarter of 2019, Show less Read more
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