F&I data: More people were late on auto payments in Q1 2024

πŸš—πŸ’Έ More motorists were late on auto payments in Q1 2024 according to the Federal Reserve Bank of New York’s Center for Microeconomic Data. #AutoPayments #FinancialNews πŸ“Š

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.

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https://www.autonews.com/finance-insurance/car-payment-delinquencies-rose-q1-2024