“The industry is very sensitive to the fact that delinquencies have risen over the last two years. They have already taken steps to tighten underwriting standards -- to stop solicitations to risky customers.”
James Chessen
“The historical low delinquency rate was 3.9 percent in the late 1970s, while the historical high for delinquencies was 6.07 percent [in 1985]. Right now it's right in the middle between the all-time low and the all-time high, and we're just coming out of a recession.”
Doug Duncan
“If we see an upward trend in delinquency ratios, we tighten our lending, but we have not had to do that.”
Richard Herrington
“We expect modest rises in delinquencies in the quarters ahead, particularly as related to Hurricane Katrina and its effect on the Gulf Coast.”
Douglas Duncan
“The first stumble is really expensive. If you already have a low score and there's a delinquency, your score won't drop by as far.”
Craig Watts
“Now he is a statesman, when what he really wants is to be what most reporters are, adult delinquents.”
Peggy Noonan
“To learn nothing and do nothing would be delinquent,”
Sherwood Boehlert
