Auto loans past due 60 days or more are up 11.5% in the second quarter, versus the same period in 2007, according to TransUnion. The credit reporting agency expects auto debt and the delinquency rate to rise as the economic slowdown widens.
Auto loans past due 60 days or more are up 11.5% in the second quarter, versus the same period in 2007, according to TransUnion. The credit reporting agency expects auto debt and the delinquency rate to rise as the economic slowdown widens.