25 States Having Trouble with Auto Loan Payments in the US

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1. Mississippi

Percent of Auto Debt Balance 90+ Days Delinquent: 6.77%

Mississippi, a state in the Southeastern region, tops our list of the states having trouble with auto loan payments in the US. The state of Mississippi is home to some major automotive factories. However, it is also the poorest state in the US in terms of per capita income. According to the most recently reported data by the Federal Reserve Bank of New York, Mississippi’s auto loan delinquency rate stands at 6.77%.

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