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ATLANTA — According to Equifax's May National Consumer
Credit Trends Report, new auto finance company loans originated between January
and March totaled $52.5 billion, which is 49 percent higher than the recession
low set in March 2009. That's when the figure was $26.9 billion.

Equifax determined the most current data also shows that new
auto bank loans amounts originated between January and March totaled $47.5
billion, a seven-year high and 25 percent higher than the recession-era low in
March 2010, which was $35.9 billion.

Analysts also discovered the total number of outstanding
auto loans continues to climb, surpassing 57 million for the first time since
February 2010 and balances among existing auto loans are also increasing with
the May total of $740 billion representing a 34-month high.

Other highlights from Equifax's most recent data include:

—Auto delinquency rates in May are the lowest of all major
loan types and, at a five-year low, are at pre-recession levels.

—The most recent data shows the total number of auto loan
originations for March year-to-date at 5.2 million as the second highest total
in seven years, exceeded only by the peak in March 2007 year-to-date, which was
5.3 million.

—Similarly, the most recent data shows auto loan amounts
year-to-date as of March at $100 billion, a six year high.

—In May total existing auto loan balances are at $740
billion, an increase of $43.1 billion from same time a year ago.

—The most current data shows the number of new auto loans
funded by auto finance companies increased 46 percent from the recession low
year to date in March 2009 of 577,900 to 1.06 million in March, a five-year
high.

—The most current data also shows the number of new auto
loans funded by bank, savings and loan or credit union increased 21 percent
from the recession low year to date in March 2009 of 741,000 to 933,900 in
March of this year, a seven-year high.