Credit Cornerstone Weekly Credit Trends and Data Intelligence
Decrease in automotive delinquency rates could be an early sign
June 24, 2010
After increasing from 3.14 percent in Q1 2008 to 3.53 percent in Q1 2009, automotive balances that were 30 to 90 days past due decreased to 3.11 percent in Q1 2010. Although the first quarter usually reflects lower seasonal delinquency rates, the improvement to pre-2008 levels could be an early sign of consumer repayment stability, despite continued economic distress.

Source: Experian-Oliver Wyman Market Intelligence Reports


Replay the May Webinar, "Quarterly review of the automotive finance market - Q1 2010" for more information on trends and analyses in the automotive finance market.


FOLLOW US ON
Blog
Twitter
MONTHLY ARCHIVES
May 2010
Older Archive
CONTACT US
Call us at 1 888 414 1120 or email decisionanalytics@experian.com
SUBSCRIBE
Did a friend forward this email to you? Sign up to receive your own weekly copy.




www.experian.com © Experian 2010. All rights reserved

Experian and the marks used herein are service marks or registered trademarks of Experian Information Solutions, Inc. Other product and company names mentioned herein may be the trademarks of their respective owners.