Auto loan defaults among Generation Z & millennials are significantly higher
According to TransUnion data, persons aged 18 to 40 were at least 60 days past due on their auto loans in the first quarter of 2022. Gen Z, those born in 1995 and later, has a past-due percentage of 2.21 percent, up from 1.75 percent before the epidemic. Young Americans’ finances may have begun to … Read more
