Auto Crisis Worsens As Rate Of Severely Delinquent Loans Hits 2009 Levels
January 19, 2023 at 20:40 PM EST
An alarming number of Americans with auto loans are struggling to make monthly payments. Auto loan performance saw further deterioration in December, and loan delinquencies jumped. Of all loans, severely delinquent ones have reached the highest rate since the financial crisis about 15 years ago. Recall last month. We pointed out the auto sector finds […] Source
