Tax refunds could offset rising DQs on securitized loans
Prime 30- to 59-day delinquencies rose 7 bps YoY
Delinquencies and losses across prime and nonprime securitized auto loans rose year over year but improved sequentially in December in tandem with the start of tax refunds. Securitized prime auto loans 30 to 59 days delinquent ticked up 7 basis points (bps) year over year but were down 4 bps month over month to 1.23%, […]
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