Delinquencies to drop as subprime loan share remains in check, Experian says

In the first and second quarters of 2017, subprime loan originations made up between 24 and 25 percent of the market, according to Experian. Since the third quarter of 2017, subprime origination share has stayed below 24 percent. (DAVID PHILLIPS)

By:

hlutz@crain.com

March 20, 2019 03:28 PM

Even after serious delinquency rates have reached their highest level since 2012, Experian expects fewer vehicle loan delinquencies during the next couple of years, as subprime loan origination share remains relatively low.

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