Car loans delinquent by 30 days or more grew to $23.27 billion, the most since $23.46 billion in the third quarter of 2008. They were up from $22.98 billion in the prior quarter.
Seriously delinquent auto loans whose payments were 90 days or more past due jumped to $8.24 billion in the fourth quarter, the highest since the third quarter of 2016, according to the survey.
Auto debt hit $1.16 trillion, with a $93 billion rise over the year.
Mortgage debt totaled $8.48 trillion at the end of the last quarter, up $231 billion from a year earlier.
Student loan debt stood at $1.31 trillion, up $78 billion from a year ago.
Source: Reuters
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