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ABA DataBank: U.S. auto delinquencies approaching pre-Covid highs

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U.S. auto loans 90-plus days past due have reached 5.02%, with many borrowers owing more than their cars are worth and facing interest rates up to 30%, making it hard to catch up once behind.

The post ABA DataBank: U.S. auto delinquencies approaching pre-Covid highs appeared first on ABA Banking Journal.

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ABA Banking Journal Staff

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