Examples of Auto Loans in a sentence
Granular Assets: Auto Loans and Leases, Consumer Loan and Credit Card Receivables.
Eligible Asset Class: (i) Auto Dealer Floorplan Loans; (ii) Auto Loans and Auto Leases; (iii) Auto Fleet Leases; (iv) Consumer Loans; (v) Credit Card Receivables; (vi) Non-Auto Leases; (vii) Residential Mortgage Loans; and (viii) SME Loans.
Investments in securitised debt is largely guided by following factors:• Attractive yields i.e. where securitised papers offer better yields as compared to the other debt papers and also considering the risk profile of the securitised papers.• Diversification of the portfolio• Better performance Broadly following types of loans are securitised: a) Auto Loans The underlying assets (cars etc.) are susceptible to depreciation in value whereas the loans are given at high loan to value ratios.
Column B) Home Equity Lines RCFD B706 0 RCFD B713 (Column C) Credit Card Receivables RCFD B707 0 RCFD B714 (Column D) Auto Loans RCFD B708 0 RCFD B715 (Column E) Other Consumer Loans RCFD B709 0 RCFD B716 (Column F) Commercial and Industrial Loans RCFD B710 0 RCFD B717 (Column G) All Other Loans, All Leases, and All Other Assets RCFD B711 0 1.
At present in Indian market, following types of loans are securitised: Auto Loans (cars / commercial vehicles /two wheelers) Residential Mortgages or Housing Loans Consumer Durable Loans Personal Loans Corporates Loans The main risks pertaining to each of the asset classes above are described below: Auto Loans (cars / commercial vehicles /two wheelers)The underlying assets (cars etc) are susceptible to depreciation in value whereas the loans are given at high loan to value ratios.
Investments in securitised debt is largely guided by following factors: Attractive yields i.e. where securitised papers offer better yields as compared to the other debt papers and also considering the risk profile of the securitised papers. Diversification of the portfolio Better performance Broadly following types of loans are securitised: a) Auto Loans The underlying assets (cars etc.) are susceptible to depreciation in value whereas the loans are given at high loan to value ratios.
Brevoort, et al., Consumer Financial Protection Bureau, Quarterly Consumer Trends: Growth in Longer-Term Auto Loans, November 2017, accessed at http://files.consumerfinance.gov/f/ documents/cfpb_consumer-credit-trends_longer- term-auto-loans_2017Q2.pdf.
The amount of Collections received by the Issuer under the Auto Portfolio Purchase Agreement will vary during the life of the Notes as a result of the level of delinquencies, defaults, repayments and prepayments in respect of, inter alia, the Purchased Auto Loans.
Consumer Financial Protection Bureau, CFPB Report Finds Sharp Increase in Riskier Longer- Term Auto Loans (press release), 1 November2017, archived at https://web.archive.org/ web/20181004210710/https://www.consumerfinance.
Maximum of one (1) Skip-A-Payment allowed per year on Auto Loans.