The percentage of borrowers with subprime car loans at least 60 days past due rose to the highest level since at least 1994 in January amid high car prices and elevated interest rates.
Car prices, monthly payments, and insurance costs all rose during 2024. Good credit scores are key to securing good auto loan rates. APRs are decreasing for super prime and prime borrowers but ...
(NewsNation) — Americans are missing their car payments at the highest rate in more than 30 years. According to Fitch Ratings, 6.56% of subprime auto borrowers were are at least 60 days past due ...
Missed payments on auto loans by American car owners rose to the highest level in three decades earlier this year. The percentage of borrowers with subprime car loans who are at least 60 days past ...
Americans are missing their car payments at the highest rate in more than 30 years. According to Fitch Ratings, 6.56% of ...
More than 100 million Americans have a car payment. Per Bloomberg, that's up from 81.4 million in 2010. The amounts those 100+ million Americans are paying has risen as well, and in January ...
The Auto Wire on MSN6d
Economic Shock: Late Car Payment Rates Soar In The USIf you feel like it’s hard to keep up with financial obligations like your car payment lately, you’re not alone. Data shows ...
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