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Home » Auto loan delinquencies climb, VantageScore drops

Auto loan delinquencies climb, VantageScore drops

February 2025 edition of CreditGauge dropped to 701

Auto Finance News, AI-assistedbyAuto Finance News, AI-assisted
March 27, 2025
in Risk Management
Reading Time: 2 mins read
0
A Ford dealership in Montreal, Quebec, Canada, on Thursday, Feb. 27, 2025. Donald Trump’s tariff threats stand to hurt American economic interests because they would disturb automotive supply chains where the US is strong and drive up consumer prices, said the head of General Motors Co.’s Canadian unit.

A Ford dealership in Montreal, Quebec, Canada, on Thursday, Feb. 27, 2025. Donald Trump’s tariff threats stand to hurt American economic interests because they would disturb automotive supply chains where the US is strong and drive up consumer prices, said the head of General Motors Co.’s Canadian unit.

Auto loan delinquencies increased for the second consecutive month in February, and overall late-stage delinquencies across all asset types rose 25 basis points month over month to 0.45% in February, according to VantageScore’s latest CreditGauge report.   The average VantageScore 4.0 credit score declined by one point to 701, marking the first drop in nearly […]

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