Auto Delinquency Rates 2025. Had the highest delinquency ratio. Auto delinquencies 60 or more days past due have increased to 1.33% of the total in the first quarter of 2024, up from 1.19% in the first.
But there are still ways to mitigate your risk. About 8.9% of credit card balances and 7.9% of auto loans have become delinquent annually.
The Forecast For The Second Quarter Auto Delinquency Rate.
The used car business faces a handful of industrywide challenges.
But There Are Still Ways To Mitigate Your Risk.
Auto loan delinquency in the first quarter of 2023 exceeded the high watermark set in 2009 and 2010, with more than 1.69 percent of loans 60 days past due.
Auto Delinquency Rates 2025 Images References :
Although The Transition Rate For Mortgages Increased By 0.3.
Auto delinquencies 60 or more days past due have increased to 1.33% of the total in the first quarter of 2024, up from 1.19% in the first.
The Rate Of Credit Card And Auto Loan Delinquencies Hit A New High, As More People In Debt Struggle To Make Payments On Time.
About 8.9% of credit card balances and 7.9% of auto loans have become delinquent annually.