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Federal Reserve Bank of Philadelphia Consumer Finance Institute: 'Who Provides Credit in Times of Crisis? Evidence From the Auto Loan Market'
March 29, 2025
PHILADELPHIA, Pennsylvania, March 29 -- The Federal Reserve Bank of Philadelphia's Consumer Finance Institute issued a working paper in Feb. 2025 by Jose Canals-Cerda and Brian Jonghwan Leeentitled "Who Provides Credit in Times of Crisis? Evidence from the Auto Loan Market."

This Philadelphia Fed working paper investigates how different lending channels - traditional banks, credit unions, and finance companies (nonbanks) - contributed to the auto loan market during ti . . .

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