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CV delinquency rates rise in H1 : Report

CV delinquency rates rise in H1 : Report

22 Oct 2013
Financial Express

Edition: Page 08

 

Delinquency rates in the commercial vehicle segment have increased in the past 6 months, according to a report. "Delinquencies by a number of CV loan accounts that are more than 30 days outstanding have rose to 13 per cent from around 11 per cent, a growth of 18 per cent in the first half of 2013," credit information service provider Equifax Credit Information Services said in a report. Equifax findings are based on data submitted by lenders who are members.