Following its recent third-quarter earnings report, Ally Financial's (NYSE: ALLY) stock sold off, as investors seem increasingly concerned about deteriorating credit quality.

Ally saw its charge-offs, or debt unlikely to be collected and a good indicator of actual loan losses, roughly double in its retail auto portfolio during the quarter. This comes as the consumer is still believed to be pretty healthy, but in a year from now, this may not be the case.

Despite the worrying credit trends, Ally still originated $12.3 billion of consumer auto loans in the quarter, and management has no intention of taking its foot off the gas. Here's why.

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Source Fool.com