AUTO
Where Auto Loan Defaults Are Most Common — Who Defaults (and When)
LendingTree | Auto loan payments can feel deceptively manageable at first — until a steep bill elsewhere, an unexpected repair or an emergency expense turns it into a cost you can’t afford. Among consumers with recently active auto loans, 1.99% have a default on record. Here’s a closer look at where auto loan defaults are most common and the typical characteristics of consumers with defaulted loans.
