Experian Automotive found that fourth quarter repossession rates at what analysts categorize as finance companies — operations that do not hold commercial deposits but make vehicle loans — rose to their highest point since 2010.

Fourth quarter repo rates for finance companies — which often cater to subprime buyers — jumped 76.3 percent year-over-year to 2.84 percent, according to Experian’s most recent State of the Automotive Finance Market report. That level is more than triple the industry average, which climbed by 42.8 percent to 0.65 percent in Q4.

For comparison, Experian noticed repo rates at commercial banks, captives and credit unions all dropped year-over-year during the fourth quarter. The readings settled as follows:

— Commercial banks: down 4.9 percent to 0.23 percent

— Captives: down 5.9 percent to 0.34 percent

— Credit unions: down 7.0 percent to 0.15 percent

Since the reading for finance companies soared so much during Q4, Experian reviewed its data for this credit segment going back seven years. The last time the repo rate for finance companies was this high was the fourth quarter of 2010 when the level stood at 2.59 percent.

While finance companies were the only block to endure a rise in repo rates during the fourth quarter, Experian pointed out that all four credit provider segments sustained higher average charge-off amounts during Q4.

Overall, analysts found that Q4 charge-offs moved $1,243 higher year-over-year to $8,520. The fourth-quarter breakdown went like this:

— Commercial banks: up $786 to $7,618

— Captives: up $1,167 to $9,526

— Credit unions: up $929 to $7,317

— Finance companies: $1,549 to $8,772