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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