More borrowers hit trouble with their car loan
More borrowers are apparently getting into trouble repaying their car loan according to data released by Fitch Ratings' latest Dinkum ABS Index. More than 0.5 per cent of the loans studied by Fitch are now delinquent.
A record high of 1.46 per cent of borrowers are more than 30 days behind in repayments on their car loan.
Source: Banking Day