As number of auto loans rises, so does number of delinquencies

The number of U.S. consumers with an auto loan grew 7.8 percent in the fourth quarter, the largest year-over-year increase since TransUnion started tracking the data in 2009.

But nationwide, 60-day delinquencies jumped 6.4 percent to their highest level since 2010, fueled by growing delinquency rates in states with energy-dependent economies.

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