Car Loan Default Rates 2025. The higher delinquency rates among subprime borrowers paint a picture of auto loan ownership’s difficulties. This was partly due to the high value of used.
Car repossession rates chart 2025. About 8.5% of credit card balances and 7.7% of auto loan balances transitioned into delinquency in 2023.
Get Insights Into Current Loan Terms, Borrower Behaviors, And The Reasons Behind Increasing Or Decreasing Repossession Rates.
This infographic visualizes data from the federal reserve’s most recent consumer debt update.
Current Heloc &Amp; Home Equity Loan Rates:
Aggregate delinquency rates increased in q4 2023, with 3.1% of outstanding debt in some stage of delinquency at the end of december.
Car Loan Default Rates 2025 Images References :
This Was Partly Due To The High Value Of Used.
Expensive vehicles plus high interest rates make securing an affordable auto loan challenging — and rates aren’t likely to drop soon.
Also, Learn About Emi Calculation &Amp; Car Loan Types.
Defaulting on a car loan can lead to late fees, a dip in your credit and even vehicle repossession.