Sentences with phrase «auto loan accounts»
The number of open auto loan accounts is higher than ever — so is the number of car loans that are 90 + days delinquent.
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Finally, auto loans account for 9 % of household debt.
The number of open auto loan accounts is higher than ever — so is the number of car loans that are 90 + days delinquent.
Likewise, delinquencies on credit and auto loan accounts declined across the board.
Since the second quarter of 2011, when the number of auto loan accounts began to rise, the average auto loan has increased by 9.3 %.
As chart 2 below illustrates, after dipping to 79.8 million accounts in the second quarter of 2011, the number of auto loan accounts has risen by 5.4 % to 84.0 million accounts.
Auto loans accounted for a whopping 51 % of all co-signings, followed by 24 % for personal loans, 19 % for student loans and 16 % for credit cards.
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