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Texans Help Drive National Increase in Auto Loan Debt

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  • Wenhua Di

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.

Suggested Citation

  • Wenhua Di, 2019. "Texans Help Drive National Increase in Auto Loan Debt," Southwest Economy, Federal Reserve Bank of Dallas, issue Third Qua, pages 3-8.
    • Handle: RePEc:fip:feddse:00160
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    Cited by:

    1. Trotta, Gianluca, 2020. "An empirical analysis of domestic electricity load profiles: Who consumes how much and when?," Applied Energy, Elsevier, vol. 275(C).
    2. McLean, Karen & Clarke, Jessica & Scott, Dorothy & Hiscock, Harriet & Goldfeld, Sharon, 2020. "Foster and kinship carer experiences of accessing healthcare: A qualitative study of barriers, enablers and potential solutions," Children and Youth Services Review, Elsevier, vol. 113(C).

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