Auto default rate ticks up just 1 basis point in September
Chart courtesy of S&P Dow Jones Indices and Experian.
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Thursday, Oct. 21, 2021, 02:49 PM
SubPrime Auto Finance News Staff
NEW YORK -
If the auto default rate ticks up only at the pace analysts have seen during the past couple of months, it could take a year — maybe longer — for the metric to return to what it was at the end of 2019. If the auto default rate ticks up only at the pace analysts […]