BREAKING: Auto loan serious delinquency rates surged to 2.8% in Q1 2024, the highest level since 2010.90+ day delinquencies have been rising a pace last seen during the 2008 financial crisis.Auto loans held by US households jumped by $9 billion in Q1 to $1.62 trillion, an all time high.This means $45 BILLION of consumers' auto loans are on the brink of default.Meanwhile, car insurance inflation jumped to 22.6% in April, the largest one-year increase since the 1970s’.US households are missing loan payments as if a recession is here
lMoreover, US Credit Card serious deinquencies of 90+ days have reached 7%, the highest level since 2011.US Credit card debt is already $1.1 trillion.Therefore, $78 billion of credit card debt is near a default.
BREAKING: Auto loan serious delinquency rates surged to 2.8% in...
Add ZIP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.20 |
Change
0.000(0.00%) |
Mkt cap ! $1.346B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.22 | $1.17 | $6.308M | 5.297M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 35044 | $1.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 27840 | 4 |
View Market Depth
| Last trade - 16.10pm 10/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$1.19 |
Change
0.000 ( 0.08 %) |
||||
| Open | High | Low | Volume | ||
| $1.20 | $1.21 | $1.17 | 2246470 | ||
| Last updated 15.59pm 10/06/2024 ? | |||||
| ZIP (ASX) Chart |