National

March 10, 2009

Car loan delinquencies rising amid signs of fraud

Many car buyers are having the same kind of trouble obtaining and paying off loans that plagued America's housing market, new data show. Some 3.25 percent of all indirect auto loans were at least 30 days overdue in the third quarter, the American Bankers Association reports. That's the worst showing since the group began compiling such numbers in 1980.

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