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CREDIT CORNERSTONE WEEKLY CREDIT TRENDS AND
DATA INTELLIGENCE
Are automotive loan delinquencies decreasing?
June 23, 2011
Automotive delinquency rates in Q1 2011 displayed a marked improvement in the 30-plus-day late and the 60-plus-day late performance categories, with declines of 11 percent and 13 percent, respectively. Credit unions continue to have the lowest automotive loan delinquency rates in the 60-plus performance category (0.96 percent), followed by captive auto lenders (1.06 percent) and banks (1.22 percent).
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Source: Experian-Oliver Wyman Market Intelligence Reports
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