Chart courtesy of S&P Dow Jones Indices and Experian.
Monday, Jun. 27, 2022, 02:41 PM
SubPrime Auto Finance News Staff
While not at the upward pace of headline-grabbing metrics such as inflation or gas prices, nonetheless auto defaults are moving higher. And they have been now for 10 of the past 11 months. According to data through May 2022 for the S&P/Experian Consumer Credit Default Indices, analysts determined the latest auto default rate came in […]