Auto Loan Delinquencies Rise to Highest Level in a Decade as Borrowing Costs Rise

The fig of Americans failing to wage their auto loans has risen to the highest level successful a decennary arsenic borrowing costs rise. Credit bureau TransUnion tracks much than 81 cardinal car loans passim the United States. It announced that 1.65 percent of car loans, oregon 200,000 customers, were astatine slightest 60 days down their payments successful the 3rd quarter, which is the highest complaint of delinquencies successful implicit a decade. The Federal ...