S&P/Experian: Auto Default Rate Registers Largest Increase Since December 2011

NEW YORK — Auto loan defaults in increased nine basis points from July to August, the largest month-over-month increase since December 2011, according to the S&P/Experian Consumer Credit Default Indices. Despite the drop, the auto loan default rate remains low relative to historical levels. In fact, the rate is closer to levels recorded one year ... Read More »

S&P/Experian: Auto Default Rate Registers Largest Increase Since December 2011

NEW YORK — Auto loan defaults in increased nine basis points from July to August, the largest month-over-month increase since December 2011, according to the S&P/Experian Consumer Credit Default Indices. Despite the drop, the auto loan default rate remains low relative to historical levels. In fact, the rate is closer to levels recorded one year ... Read More »

Auto Loan Default Rate Falls to Eight-Year Low

Auto Loan Default Rate Declines in October, Reports S&P/Experian