Counter to other credit segments, auto defaults drop for second straight month
Chart courtesy of S&P Dow Jones Indices and Experian.
Tuesday, Mar. 23, 2021, 02:30 PM
SubPrime Auto Finance News Staff
NEW YORK -
It probably wouldn’t be surprising if finance company executives and managers looked at the latest auto default reading from S&P Dow Jones Indices and Experian and responded by saying, “What? Wait a second. Really?” According to data through February for the S&P/Experian Consumer Credit Default Indices, auto defaults dropped for the second month in a […]