The percentage of auto loans delinquent 30 or more days rose slightly in the fourth quarter, Moody’s Analytics said, adding that it’s not cause for alarm. Most of the auto originations in the third quarter went to high-income borrowers.
The percentage of auto loans delinquent 30 or more days rose slightly in the fourth quarter, Moody’s Analytics said, adding that it’s not cause for alarm. Most of the auto originations in the third quarter went to high-income borrowers.