DELINQUENCY RATE: Credit reporting company TransUnion says that the rate of U. S. auto-loan payments at least 60 days overdue climbed to 0.41 percent in the fourth quarter. That's up from 0.38 percent in the third quarter, but down from 0.46 percent from a year earlier.

HOLIDAY SPENDING: TransUnion says an uptick in the auto loan delinquency rate typically occurs in the last three months of the year, a time when some borrowers' financial obligations temporarily take a backseat to spending on holiday shopping.

BIGGER BALANCES: Bank auto debt per borrower rose 5.4 percent in the fourth quarter to $13,747.

About News.net

Publishing Services International Limited (PSIL) is the publisher and operator of a worldwide network of online news sites dedicated to delivering fair, accurate and relevant reporting from a variety of the world’s most trusted sources – from the biggest cities to the smallest towns.

We deliver positive and powerful messages to our readers, providing up‑to‑the‑second news that matters to the individual.

Our promise is to serve communities and individuals worldwide, delivering information that hasn’t always been available to them. We will give them back a voice – a voice that’s empowering because it is theirs – and provide a platform to communicate between themselves and the world.

We believe people are not just generic demographics; they are individuals with their own preferences and curiosities. We are about understanding these individuals, listening to them, and serving them.

We are the new pioneering spirit of news – we’re not talking to everyone, we’re talking with every one.

If you want your news, your voice, your way, on your time – we’ve got news for you.

 

FAQs

Email

If you have any questions or concerns please email us on support@news.net

Phone

  • Australia, Toll Free 1-800-983-421
  • Hong Kong, Toll Free 800-906-187
  • Singapore, Toll Free 800-852-3871
  • USA/Canada, Toll Free 1-800-830-4132

Advertise With Us

Interested in being awesome?
Contact us by email or phone.

Cancel