Texans Help Drive National Increase in Auto Loan Debt

Wenhua Di

Southwest Economy, 2019, issue Third Quarter, 3-8

Abstract: Despite strong economic growth in recent years, Texas auto loan delinquency rates have risen to levels approaching those seen just after the Great Recession. A recent drop in the subprime share of auto loan originations? typically involving less-creditworthy buyers? suggests delinquency rates are likely to fall. However, risks remain elevated because of factors including longer loan duration and young borrowers? increasing student loan indebtedness.

Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.dallasfed.org/~/media/documents/research/swe/2019/swe1903b.pdf Article (application/pdf)
https://www.dallasfed.org/~/media/documents/research/swe/2019/swe1903.pdf Complete issue (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:feddse:00160

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in Southwest Economy from Federal Reserve Bank of Dallas Contact information at EDIRC.
Bibliographic data for series maintained by Amy Chapman ().