U.S. auto delinquencies have jumped 50% from 15 years ago
Car loans have gone from the safest consumer credit products to among the riskiest over the last 15 years as delinquencies rose more than 50%, driven by soaring car prices and rising interest rates, a new study shows. Consumers across all income categories are struggling to make monthly car payments, according to VantageScore, a credit-scoring … Read more