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30-day auto delinquencies fall 18 bps YoY in Q1

Thirty-day auto delinquencies dropped in the first quarter as average interest rates and monthly payments slid for used vehicles.   The rate of auto loans 30-plus days delinquent dropped 18 basis points (bps) year over year to 1.91%, according to Experian’s Q1 2025 State of the Automotive Finance Market report released June 5.   The average […]