Auto Loan Delinquency Rates 2024


Auto Loan Delinquency Rates 2024. Balances on auto loans were up $10 billion to reach $1.63 trillion, and credit card balances. Approximately 8.5% of credit card balances and 7.7% of auto loans moved into delinquency in q4 2023, according to the fed.


Auto Loan Delinquency Rates 2024

Auto loan delinquency rate by 90 or more days 3.94% of the outstanding auto debt was in serious delinquency (90 or more days late) as of q4 2022, 0.25. But there are still ways to mitigate your risk.

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