Sentences with phrase «auto loan delinquency rates»

TransUnion says that nationally, auto loan delinquency rates were 1.32 per cent in the fourth quarter of last year, up from 1.21 per cent the previous year.
Credit monitoring agency TransUnion says in its latest report that auto loan delinquency rates climbed nearly 10 per cent in the fourth quarter of last year to their worst levels in four years.

Not exact matches

They rank above average in delinquency rates on all types of debt and rank in the top 10 for lowest rates of auto loan delinquency and credit - card delinquency
Even prime delinquencies are on the rise — Fitch Ratings» survey said that last month's prime auto loans were 21 percent more delinquent than in July 2015.
There was a similar story for auto loans and credit cards, with delinquency rates in these three states jumping.
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.
Subprime auto - loan delinquencies are rising and Experian recently reported that the national bank credit - card default rate set a 46 - month high in April at 3.35 %, which was up from 3.09 % a year earlier.
Interestingly — and to the great relief of banks and auto finance companies — delinquency rates for non-household loans are either declining or are staying flat.
Then at the end of the year, they analyze all the data collected and release their annual consumer credit forecast.This report predicts consumer balances and delinquency rates in the upcoming year; the news follows concerns over auto loan performance -LSB-...]
Information collected by Fitch Ratings uncovered that the auto loan delinquency level is now at 5.8 percent, the highest rate in some time.Despite the growing economy in the United States, an increasing number of subprime auto loan borrowers are defaulting on their loans.
Rates are good, with the highest fixed rate APR currently set at 14.24 % with auto - pay (rates are subject to change), but the loan may be tougher to score if you have a bankruptcy or major delinquency on your crRates are good, with the highest fixed rate APR currently set at 14.24 % with auto - pay (rates are subject to change), but the loan may be tougher to score if you have a bankruptcy or major delinquency on your crrates are subject to change), but the loan may be tougher to score if you have a bankruptcy or major delinquency on your credit.
Mortgages and auto loans have the lowest delinquency rates.
TORONTO — Delinquency rates on auto loans are soaring, pointing to another spillover effect from the slowdown in the oilpatch.
Delinquency rates for other forms of debt (student loans, home equity lines of credit, and auto loans) were at relative highs as well.
A new TransUnion study found that consumers with the ability to pay larger amounts than the minimum payment due on their credit cards had significantly lower delinquency rates on not only their credit cards, but also their auto loans and mortgages.
I'm surprised how low the delinquency rate is on auto loans.
With 60 - day delinquency rates now at 5.8 percent, lenders are getting nervous about making auto loans to subprime consumers.
TransUnion found that, with few exceptions, when an TPRs rise, delinquency rates on loans — credit cards, auto loans and mortgages — fall.
The lowest delinquency rates, at the end of 2013, were reported on auto loans and home equity loans at 3.4 percent and 3.2 percent, respectively.
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.
Borrowers with lower credit scores (which typically result from payment delinquencies in the past) tend to pay higher auto loan rates.
Auto loan delinquencies have followed a similar trajectory, although we should note that in the most recent quarter, there is an uptick in the 90 + day delinquency rate.
The delinquency rates for mortgages, home equity lines of credit (HELOCs), auto loans, and credit cards peaked noticeably in the years following the recession, and have since fallen.
According to the survey, the number of the nation's auto delinquency rate, those borrowers who failed to pay their loans for more than 59 days past their due dates have fallen to 0.36 percent in the first quarter of 2012 from this is 0.10 percent lower than the last survey in 2011.
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.
a b c d e f g h i j k l m n o p q r s t u v w x y z