Auto loan delinquency - Tagged Posts

Auto Loan Picture Calms

Delinquency rates flatten and are expected to fall next year.

Borrowers taking on more debt, moving many into delinquent territory.

Delinquencies rose in Q4 at a greater rate than most other segments.

Affordability challenges may dampen spring auto sales, finds Cox Automotive Auto Market Weekly Summary.

Recent data points to more auto borrowers struggling to keep up with loans, but default rates remain below pre-pandemic levels.