Chart courtesy of S&P Dow Jones Indices and Experian.
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Tuesday, Feb. 21, 2023, 03:50 PM
SubPrime Auto Finance News Staff
Interest rates have been rising for more than a year, and auto defaults are on a similar trajectory. S&P Dow Jones Indices and Experian now have seen auto defaults climb nine times in the past 11 months. According to data through January for the S&P/Experian Consumer Credit Default Indices, the auto default rate moved another […]