🚗💸 More motorists were late on their auto payments in Q1 2024, with an increase in both 30 and 90-day delinquencies according to the Federal Reserve Bank of New York. #AutoFinance #Delinquencies
The percentage of motorists at least 30 days late on their auto payments rose year over year during the first quarter of 2024, as did the proportion at least 90 days delinquent, according to the Federal Reserve Bank of New York’s Center for Microeconomic Data.
https://www.autonews.com/finance-insurance/car-payment-delinquencies-rose-q1-2024