Average Americans Are Struggling To Pay For Their Cars Following Delinquencies, Price Increases Will Kessler on August 21, 2023 Heightened rates of auto loan delinquency and increased costs reveal that Americans are…
The national delinquency rate fell to 2.80% in April, down four basis points from March, hitting a new record low for the second consecutive month Overall delinquencies are down nearly 40% from…
The national delinquency rate dropped by more than half a percentage point in March, falling to 2.84% and shattering the previous record low of 3.22% in January 2020 While March typically sees…
Though past-due loans edged higher (+1.8%) in February, the national delinquency rate remains near pre-pandemic levels heading into March, which typically sees strong seasonal performance improvements February’s increase was driven by a…