There were $ 175 million more retail
loan delinquencies during the third quarter alone, or an...
Not exact matches
As
delinquencies and repossessions soared
during the downturn, lenders made it harder to get a
loan.
During this time, consumers have also been substantially more successful at repaying their debt; personal
loan delinquencies dropped from 8.50 percent to 3.02 percent, a new low.
If you look at the same time periods but in the credit score range or 300 to 599 you'll find almost an 11 % 60 day
delinquency rate for new car
loans during the period ending April 2009 and a huge reduction down to 8 % for the same period ending 2010.
While
delinquency rates increase
during the early life of a
loan pool, this worsening trend confirms our initial assessment that very weak underwriting and mortgage origination fraud, and not simply payment resets, has been the primary cause for elevated subprime
loan delinquencies for
loans originated through at least the middle of 2007.
Despite declines in the unemployment rate
during the same period,
delinquency rates for Direct
Loans, the federal government's largest lending program, increased by roughly 8 % between 2013 and 2016.
Delinquency status means a payment has been missed
during the repayment period, so there is money that is past due on the
loan account.
Student
loan debt
delinquency rates have increased substantially
during the same period (and
delinquency rates for student
loans are likely to understate effective
delinquency rates because about half of these
loans are currently in deferment, in grace periods or in forbearance and therefore temporarily not in the repayment cycle.
During the 2008 financial crisis, Paul's research indicates that the
delinquency on residential mortgages was as high as 4 - 5 % nationwide while multifamily
loan delinquencies were 1 % and almost nil if you excluded over exuberant markets (think Las Vegas, Phoenix and Miami) and had experienced operators.