Regional News

OR In Top Five States With Fastest-Rising Auto Loan Delinquency Rates

(Portland, OR)  --  Oregon is one of the worst states in the nation when it comes to rising rates of auto loan delinquency.  That's according to Wallethub data, which reveals where delinquencies are increasing the most.  The top five states where auto delinquencies have increased the most are Oregon, Washington, Alaska, Georgia and Rhode Island.  In each of these states the average number of loan delinquencies in the fourth quarter of 2023 were above eleven-percent.  To determine the states most delinquent on auto loans WalletHub analyzed data on consumer delinquency rates between Q-3 and Q4 of 2023.

 

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