Experian Report Sees 30-Day Delinquency Rate Dropping

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Used Car News - August 21, 2015

Auto loans saw increased sta­bil­i­ty in the sec­ond quar­ter accord­ing to Exper­ian Automotive’s lat­est State of the Auto­mo­tive Finance Mar­ket report. Con­sumers con­tin­ued to make time­ly pay­ments, which helped drop the 30-day delin­quen­cy rate down to 2.32% from 2.37% in the sec­ond quar­ter of 2014. The 60-day delin­quen­cy rate was up from 0.603% in the sec­ond quar­ter of 2014 to 0.607% a year lat­er.

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