Auto loan portion of S&P/Experian Consumer Credit Default Indices showed levels still better than year ago
Looking at top 5 metropolitan areas, 3 of the 5 cities analysts cover showed decreases in their default rates in January
Goal is to track default experience of consumer balances in 4 key loan categories: auto, bankcard, first mortgage lien, and second mortgage lien
The Article S&P/Experian: Auto Loan Default Index appeared first on Automotive Digest.