Experian Automotive: Outstanding Auto Loan Balances Reach Record High of $839.1 Billion

experian_logo30- and 60-day delinquencies show slight uptick

Press Release

Schaumburg, Ill., Aug. 20, 2014 — Experian Automotive today announced that outstanding automotive loan balances reached an all-time high in the second quarter of 2014.

Other findings include:

• The overall automotive repossession rate saw a significant increase in the second quarter of 2014, jumping more than 70 percent to 0.62 percent from a year earlier.

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