October auto defaults make second-highest rise of 2022
Chart courtesy of S&P Dow Jones Indices and Experian.
Tuesday, Nov. 29, 2022, 04:07 PM
SubPrime Auto Finance News Staff
Auto defaults made the second-highest sequential jump so far this year in October, according to the S&P/Experian Consumer Credit Default Indices. S&P Dow Jones Indices and Experian reported that data through October showed the auto reading at 0.77%, which was 5 basis points higher than September. The only increase more than the latest one in […]