Report: Number of Late Auto Loan Payments Continues to Grow

Over 9% of auto loans extended to people with low credit scores were 30 or more days behind on payments at the end of last year, the highest share since 2010, according to a report from Fox Business.

Currently, the stress is concentrated among borrowers with lower credit scores, but could spread if the U.S. economy enters a recession, the report said.

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A.J. Hecht

A.J. Hecht is the managing editor of THE SHOP and host of the In Gear with THE SHOP podcast. Have an idea, a tip, or a question you’d like to see answered? Contact A.J. at

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