Wednesday, August 18, 2021

Ford Credit sees lower loan losses, fewer Q2 lease returns

Ford Credit sees lower loan losses, fewer Q2 lease returns https://ift.tt/3k4jxhU

Ford Credit posted a first-ever negative loss-to-receivables rate of 0.07 percent during the second quarter of 2020. The lender also saw lease returns fall to 34 percent — half of the traditional rate.

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