Auto Loan Delinquency Rates 2024 Usaa. Although the transition rate for mortgages increased by 0.3. This information is provided for illustrative purposes only.
Annualized, approximately 8.5% of credit card balances and 7.7% of auto loans transitioned into delinquency. Subprime borrowers held an average rate of 11.72 percent for new cars and almost 19 percent for used, according to experian second quarter data.
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