Around 45.6 percent of new and used car loans were prime loans, considering loaners to have one of the lowest financial risk for lending institutions. Near prime lending was the second most common loan risk.
New and used car loan risk distribution in the United States in 2021, by risk type
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Experian. (March 31, 2022). New and used car loan risk distribution in the United States in 2021, by risk type [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1314218/us-car-loan-risk-distribution-by-risk-type/
Experian. "New and used car loan risk distribution in the United States in 2021, by risk type." Chart. March 31, 2022. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1314218/us-car-loan-risk-distribution-by-risk-type/
Experian. (2022). New and used car loan risk distribution in the United States in 2021, by risk type. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1314218/us-car-loan-risk-distribution-by-risk-type/
Experian. "New and Used Car Loan Risk Distribution in The United States in 2021, by Risk Type." Statista, Statista Inc., 31 Mar 2022, https://www.statista.com/statistics/1314218/us-car-loan-risk-distribution-by-risk-type/
Experian, New and used car loan risk distribution in the United States in 2021, by risk type Statista, https://www.statista.com/statistics/1314218/us-car-loan-risk-distribution-by-risk-type/ (last visited December 21, 2024)
New and used car loan risk distribution in the United States in 2021, by risk type [Graph], Experian, March 31, 2022. [Online]. Available: https://www.statista.com/statistics/1314218/us-car-loan-risk-distribution-by-risk-type/