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2. The Fed indicated rates will remain higher for longer. What ...

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   McBride predicts five-year new car loan rates will reach an average of 7.0% and four-year used car loans, 7.5% by the end of 2024. ... to high interest rates, and auto loan delinquency reached its ...

3. Auto Loan and Credit Delinquency Rates Are Rising: Are You ...

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4. Debt — and delinquencies — are on the rise for Americans

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   “In the first quarter of 2024, credit card and auto loan transition rates into serious delinquency continued to rise across all age groups,” Joelle Scally, regional economic principal within ...

5. Delinquency rates at highest level in almost 30 years - AOL

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   How to avoid delinquency on your auto loan. The higher delinquency rates among subprime borrowers paint a picture of auto loan ownership’s difficulties. ... The 22 best Hanukkah gifts of 2024 ...

6. Can’t Afford Your Car Payment Anymore? 9 Things You ... - AOL

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   A 2023 report from Moody's Investors Service indicates that new auto loan delinquencies are on the rise. In the second quarter of 2023, the delinquency rate for new auto loans climbed to 7.3%, up ...

7. Millennials are running up more debt than ever before - AOL

   www.aol.com/credit-card-auto-loan-delinquencies...

   During the fourth quarter, an annualized 8.52% of credit card balances and 7.69% of auto loan balances became delinquent, marking the highest annualized rates since the second quarter of 2011 and ...

8. Why the Fed's rate cut won't immediately help car ... - AOL

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   The rate cut earlier this month by half a percentage point, or 50 basis points, will take time to trickle down to auto loan rates, which remain near decades-high levels of more than 9.61% for a ...

9. What rising auto loan delinquencies tell us about the economy

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   For example, auto loans originated in 2021 have a delinquency rate of 0.67% in the sixth quarter after origination, which is 13% higher than the delinquency rate of auto loans originated in 2018.