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Harley increases provisions on loan losses 55% in 3Q

Harley-Davidson Financial Services increased its provisions on retail loan losses 55% to $11.3 million during the third quarter due to higher credit losses, the OEM reported during its earnings call last week. Loss provisions are a certain amount of money that a company sets aside to cover potential losses. Typically, if the provisions increase, it […]

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Matthew Wood

Matt Wood is the Associate Editor of PowerSports Finance, where he is responsible for covering all the latest news, trends, and innovations with powersports lenders and dealerships. Previously, Matt was a writer for Auto Finance News before switching full-time to PowerSports Finance. He is also an experienced entertainment news writer covering pop culture, movies, and TV shows. Matt received his Bachelor’s degree in Communication from Rowan University in New Jersey.

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