Credit Cornerstone Weekly Credit Trends and Data Intelligence
Automotive loan balances decrease
August 26, 2010


Outstanding balances continue to decline for automotive loans. The 2010 Q1 outstanding balance for all VantageScore risk tiers is $677 billion, compared to $777 billion in 2008 Q1, a decrease of 14.5%. The most significant change comes from the F tier (deep subprime consumers), with a decrease in outstanding balances of 29%.

Source: Experian-Oliver Wyman Market Intelligence Reports


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