Car-Loan Delinquencies Hit Highest Level Since 2009, Stock News – Stock Market Analysis
$1 Trillion Car-Loan Market Has Highest Delinquency Rate Since 2009 The rate of car-loan delinquencies in last year’s fourth quarter rose to its highest level since Q4 2009, according to credit analysis rock hard TransUnion (TRU), amid ongoing concerns about the sturdiness of the massive auto-loan industry.