Auto loan delinquencies will rise in 2018, but the rate of the increase will slow down and remain below peaks seen in 2008 and 2009, TransUnion projected in an annual consumer credit forecast released Wednesday.
“Honestly, I think it’s kind of creepy. I would use the word ‘stalking’ almost,” said Assemblyman Jeffrey Dinowitz, D-Bronx, who has introduced a bill to limit the way police may use plate readers and make New York one of the few states prohibiting their use by private companies.
CHICAGO, IL–(Marketwired – Aug 20, 2013) – The national auto loan delinquency rate (the percentage of accounts 60 or more days past due) remained relatively flat year over year moving from 0.79% in Q2 2012 to 0.80% in Q2 2013. On a quarter-over-quarter basis, the auto loan delinquency rate experienced an 8-basis point drop from 0.88% in Q1 2013.
LITTLETON, CO – August 7, 2012 – Approximately two in three credit union executives see loan growth as the critical business issue facing their industry in 2013, according to a new survey from TransUnion. Auto loans may be the main focus of that growth.
The survey found that more than half of credit union respondents believe auto loans are their biggest opportunity.