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Home › Loan delinquencies on subprime auto loans haven't been higher in the U.S. since 1996.

 

Loan delinquencies on subprime auto loans haven't been higher in the U.S. since 1996.

2016-03-17 10:30:53| Auto Dealers - Topix.net

A peak in delinquencies by subprime borrowers is adding to concerns that the current strong automotive sales cycle in the U.S. could be facing obstacles. Fitch Ratings reported that the rate of subprime automotive loans overdue by more than 60 days rose to 5.16% in February.

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