Auto defaults now sit 32 basis points higher than all-time low
Chart courtesy of S&P Dow Jones Indices and Experian.
Tuesday, Jul. 19, 2022, 02:46 PM
SubPrime Auto Finance News Staff
Perhaps your portfolio is experiencing a bit more turbulence, but overall auto defaults are just 32 basis points higher than the all-time low set a year ago. That metric surfaced on Tuesday when S&P Dow Jones Indices and Experian released data through June for the S&P/Experian Consumer Credit Default Indices. The auto default rate for […]