delinquent

This includes letting delinquent borrowers extend their loan terms to 40 years and reduce monthly payments by 25%.

“I could be at home, scared and hiding under the bed but I go out in front and have been in shootouts where we fight the delinquents.”

Car loans delinquent by at least 60 days rose 2.2% month over month in September, according to a Cox Automotive report.

But so far, they haven’t reported any alarming rises in delinquent loans, another key metric.

Borrowers who are 50 and older are more likely than other age groups to be seriously delinquent on their loans, according to the New York Fed.