TransUnion’s (TRU: NYSE) latest MarketTrends report found that Canadian auto loan delinquency rates rose nearly 10% in the last year to 1.32% in Q4 2015, the highest level observed in four years. The Q4 2015 rise in serious auto loan delinquency (60 or more days past due, including write-offs) was primarily driven by increases in Alberta and Sas.
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Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock.
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Meanwhile, the average used car loan was still $19,291. Step 3: Figure Out How Much To Put Down On A Car Now that you have all of this information, you’re ready to figure out how big the down payment for your car should be.
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Average Cost of Auto Insurance In Ontario Per Month One of the most expensive places to purchase car insurance in Canada is, without a doubt, Ontario. According to studies, Ontario motorists pay $1,500 annually on average for their car insurance, while people from other parts of the country pay rates down to $650.
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