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Home Auto Loans

US Auto Loans Overstated Income Predicts Delinquency

by Editor
March 17, 2024
in Auto Loans, Videos
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US Auto Loans Overstated Income Predicts Delinquency
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Misrepresented revenue or employment might result in lenders taking over threat unnecessarily, as candidates who over exaggerated their revenue have been extra prone to grow to be overdue.

This Work Number information examine compares correlation between applicant reported revenue and overdue charges.

*SOURCE: Equifax Internal Study of The Work Number Data, October 2018 – December 2018 United States auto loans. Individual outcomes might differ.

source

Tags: auto loans
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