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Securitized auto delinquencies improve sequentially as tax refunds roll in

Nonprime securitized auto DQ rate at 10.13% in February

Truth Headlam

Securitized auto loan delinquencies improved month over month in February as consumers received tax refunds, but levels remained elevated from 2025.  There has been an uptick in delinquencies in prime and subprime auto, Jay King, president of North American operations and global financial solutions at backup servicing firm Alorica Financial told Auto Finance News, noting that shifting payment-to-income ratios could be a contributor.  “Payments are rising […]

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