US Auto Delinquencies Have Jumped 50% From 15 Years Ago
(Bloomberg) — Car loans have gone from the safest consumer credit products to among the riskiest over the last 15 years as delinquencies rose more than 50%, driven by soaring car prices and rising interest rates, a new study shows. onsumers across all income categories are struggling to make monthly car payments, according to VantageScore, a …
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