S&P/Experian: Auto Loan Default Index

Article Summary
  • 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
Significance of the Data
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