Auto Loan Delinquency Rates 2024 Fred

Auto Loan Delinquency Rates 2024 Fred. The average auto loan rate for a new car was 9.2% in december, and 13.8% for a used car loan according to auto market data company cox. Banking > delinquencies and delinquency rates, 99.


Auto Loan Delinquency Rates 2024 Fred

Auto loan balances rose by $12 billion, continuing the upward trajectory seen since 2020, and now stand at $1.61 trillion. Aggregate delinquency rates increased in q1 2024, with 3.2% of outstanding debt in some stage of delinquency at the end of march.

Auto Loan Delinquency Rates 2024 Fred Images References :