December 19, 2015 at 11:49 am
#18636
jmherbener
Participant
Auto loan statistics are compiled by Equifax. Here’s a piece on Equifax’s October 2014 report.
It shows that in the fall of 2014 financial institutions had 31.4 million auto loans worth $453 billion and auto companies had 34.1 million auto loans worth $471.2 billion.
Here’s an Equifax report on subprime auto loans.
http://www.equifax.com/assets/corp/subprime_auto_economic_commentary.pdf