Bond Delinquency news and trends

Subprime Auto Loan Bond Delinquency Rate at 5.13% in October

November 08, 2022
subprime auto loan delinquency
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Subprime Auto Loan Bond Delinquency Rate at 5.13% in October

November 08, 2022
The percentage of subprime auto loan borrowers who have fallen behind on payments has risen by more than a percentage point over the last year.  The share of borrowers who are at least 61 days late on a payment stood at 5.13% in October, up from 3.76% a year earlier, Bloomberg reported Tuesday (Nov. 8), […]