Thursday, May 16, 2013

Auto Repossessions And Delinquencies Are On The Rise



While car sales are booming again, Experian Automotive announced that loan delinquency and repossession rates creeped-up for the first quarter. Thirty day auto loan delinquencies rose 1%, while 60-day delinquencies increased 12% and repossessions rose 17% when compared to the same time period in 2012.


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Experian Automotive Talks to 'Auto Trends' About the State of Car Financing

Melinda Zabritski, who is the head of automotive financial insights for Experian Automotive, talks car payments and more. (Photo Credit: EA)...