skip to main
|
skip to sidebar
RepoFinder.com
Click Here to Visit
RepoFinder.com.
RepoFinder.com -
FREE List of Bank & Credit Union Repo Sales - Cars, Boats, ATV's, Trucks, RV's, Motorcycles, Airplanes, REO Real Estate, Auctions, and More.
Monday, May 20, 2013
The repo man had a busy first quarter as auto delinquencies rose - latimes.com
The repo man had a busy first quarter as auto delinquencies rose - latimes.com
:
The repo man had a busy first quarter as auto delinquencies rose - latimes.com
:
Surging car-loan delinquencies give repo man a busy first quarter
Jeff Grevelding prepares to tow a vehicle in Syracuse, N.Y., last year after its owner allegedly fell behind in loan payments.
(
John Moore / Getty Images
)
Related photos »
By Ronald D. White
May 20, 2013
,
10:42 a.m.
Delinquent auto loans and vehicle repossessions rose in the U.S. by double-digit percentages in the first quarter of the year, Experian Automotive reported.
The number of auto loans delinquent at least 60 days climbed 12.4% in the first quarter compared with the same period in 2012. Repossessions, meanwhile, surged 16.9% from a year earlier.
Loans made by finance companies accounted for the increase in repossessions, Experian said. Repossession rates fell on loans from both banks and credit unions.
Automakers and banks eased their credit terms in the past year, lending more to people with lower credit ratings.
Despite the surging delinquencies and repossessions, both remained well below record levels.
"When you compare the current findings with previous years, they are still lower than the recession-level rates,” said Melinda Zabritski, Experian’s senior director of automotive credit.
Even those who financed through the riskiest subprime auto loans, she added, are doing better in keeping up with payments and are "less delinquent than those in the past.”
Newer Post
Older Post
Home
Popular Posts
FREE List of TEXAS Bank & Credit Union Repo Sales - Cars, Boats, ATV's, Trucks, RV's, Motorcycles, Airplanes, REO Real Estate, Auctions, and More.
ABILENE TEACHERS FEDERAL CREDIT UNION REPO ABILENE TELCO FEDERAL CREDIT UNION REPO ACCESS COMMUNITY CREDIT UNION REPO ALLIANCE FEDERAL CRED...
FREE List of OKLAHOMA Bank & Credit Union Repo Sales - Cars, Boats, ATV's, Trucks, RV's, Motorcycles, Airplanes, REO Real Estate, Auctions, and More.
ADVANTAGE BANK REO ALLEGIANCE CREDIT UNION REPO (3rd Party Site) BANK OF COMMERCE REO CHEROKEE STRIP CREDIT UNION REPO CITY N...
Florida Repo Boats, ATV's, RV's, REO Property, Cars, Trucks, Airplanes, and More.
1ST CREDIT UNION OF GAINESVILLE ACHIEVA CREDIT UNION ALIVE CREDIT UNION BAPTIST HEALTH S. FLORIDA FEDERAL CREDIT UNION BAY CREDIT ...
FREE List of UTAH Bank & Credit Union Repo Sales - Cars, Boats, ATV's, Trucks, RV's, Motorcycles, Airplanes, REO Real Estate, Auctions, and More.
ALPINE CREDIT UNION REPO AMERICA FIRST CREDIT UNION REPO BANK OF AMERICAN FORK (Real Estate) REO BANK OF THE SAN JUANS (Real Esta...
FREE List of North Carolina Bank & Credit Union Repo Sales - Cars, Boats, ATV's, Trucks, RV's, Motorcycles, Airplanes, REO Real Estate, Auctions, and More.
North Carolina repossessions ACCLAIM FEDERAL CREDIT UNION REPO ALLEGACY FEDERAL CREDIT UNION REPO AMERICAN PARTNERS FEDERAL CREDI...
FREE List of Tennessee Bank & Credit Union Repo Sales - Cars, Boats, ATV's, Trucks, RV's, Motorcycles, Airplanes, REO Real Estate, Auctions, and More.
Tennessee repossessions AGC CREDIT UNION REPO AMERICAN SECURITY BANK & TRUST (Real Estate) REO APPLIANCE CREDIT UNION REPO ...
FREE List of IOWA Bank & Credit Union Repo Sales - Cars, Boats, ATV's, Trucks, RV's, Motorcycles, Airplanes, REO Real Estate, Auctions, and More.
1ST GATEWAY CREDIT UNION REPO AFFINITY CREDIT UNION REPO ALLIANT CREDIT UNION REPO ASCENTRA CREDIT UNION REO (Real Estate) ASCENTR...
FREE List of New York Bank & Credit Union Repo Sales - Cars, Boats, ATV's, Trucks, RV's, Motorcycles, Airplanes, REO Real Estate, Auctions, and More.
New York repossessions 1ST NATIONAL BANK OF SCOTIA (Real Estate) REO 1ST NATIONAL BANK OF SCOTIA REPO (Vehicles) BANK OF RICHMONDVI...
FREE List of South Carolina Bank & Credit Union Repo Sales - Cars, Boats, ATV's, Trucks, RV's, Motorcycles, Airplanes, REO Real Estate, Auctions, and More.
South Carolina repossessions 1ST PATRIOTS FEDERAL CREDIT UNION REPO BNC BANK (Real Estate) REO CAPITAL BANK (Real Estate) REO ...
RepoFinder.com / Features Texas State Bank & Credit Union Repossessions for Sale
RepoFinder.com features a FREE Nationwide list of Bank and Credit Union Repossessions. Here is a list of trusted financial instituti...
Search