Sentences with phrase «as auto loan delinquencies»
Tightening occurred in the fourth quarter of 2017 as auto loan delinquencies reached 2.33 percent, lower than the 2.36 percent in the previous quarter, but continuing a rising trend since 2013, according to LendEDU.
https://lendedu.com/ Not exact matches
The Regional Household Debt and Credit Snapshot includes data about mortgages, student loans, credit cards, auto loans and delinquencies for New York City and its boroughs, as well as various metro areas in New York State, northern New Jersey and western Connecticut.
About the U.S. Credit Conditions section The U.S. Credit Conditions section of the New York Fed's website offers interactive maps, as well as data on major forms of household credit such as installment loans, auto and student loan delinquencies, foreclosures, mortgage delinquencies and mortgage «roll» rates for subprime and alt - A mortgages.
Combined, the percentage of auto, credit card and student loan delinquencies and rate of default is as big or bigger than the subprime mortgage problem that led to the «Big Short.»
There's a section of the auto - loan market — known in industry parlance as deep subprime — where delinquency rates have ticked up to levels last seen in 2007, according to data compiled by credit reporting bureau Equifax.
«Our study clearly demonstrated that as the TPR increased, delinquency levels decreased on credit cards, auto loans and mortgages,» Becker said.
Delinquency rates for other forms of debt (student loans, home equity lines of credit, and auto loans) were at relative highs as well.
Typically, a sub-620 credit score doesn't just happen, and is usually the result of a collection, charge - off, bankruptcy, or another serious delinquency, such as past due auto loans or student loans, a late mortgage payment, a short sale or foreclosure.
Luckily, credit card delinquencies hurt credit scores less than bigger debts, such as home or auto loans,» says Sarah Davies, senior vice president of analytics, product management and research for VantageScore Solutions.
The ABA quarterly survey of consumer loans reflected delinquency rates based on a composite of several types of consumer loans such as boats, autos, home improvements, some home equity line of credit loans increased to 2.42 percent in the first three months of this year.
Outstanding subprime auto debt (classified in the chart below as debt held by borrowers with origination credit scores under 620) now stands at about $ 300 billion... Since 2011, the overall delinquency rate of loans originated by auto finance companies has significantly deteriorated.