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2019-02-12  · Serious auto-loan delinquencies – loans that are 90 days or more past due – surged to 4.47% of total auto loan balances in Q4 2018, according to New York Fed data this morning. This put the auto-loan delinquency rate at the highest level since Q1 2012 and just 0.6 percentage points below the

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Refinancing a car loan can be a great option but it also extends the length of your car loan, which means you’ll be making payments for longer than you originally were with your first loan. If you can, try to avoid refinancing to a car loan that will extend you payment period.

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The auto loans available to the customers is directly proportional to the new vehicles sold and produced in the country. Both banks and non-banking finance companies (NBFCs), which are prime source of.

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Finance minister Nirmala Sitharaman’s media briefing: Highlights While addressing the media on Friday, finance minister nirmala sitharaman echoed prime. auto and other retail loans to the central.