All eyes on Friday’s Q3 delinquency data

All eyes on Friday’s Q3 delinquency data

August already marked the highest auto loan delinquency rate since March of 2020.

Stocks and fuel prices are up and down, Delinquency is… well, that’s the trillion-dollar question (adjusted for inflation) that everyone in the collections and recovery world really wants to know. A question soon to be answered as the nation’s largest banks brace to report their 3rd quarter 2022 financial result to investors this Friday.

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All eyes on Friday’s Q3 delinquency data – CollectionsDelinquency

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