consumer-unsecured
Performance Report: Consumer Unsecured and Subprime Auto, February 2024
27 March 2024
Download the dv01 performance report to stay up-to-date on the latest trends.
Quick Insights
Macro: dv01 analyzed U.S. government debt using data from SIFMA, the Federal Reserve, and MSRB. The hyper-focus on U.S. government debt ignores debt trends in the other critical pillars of society—households, corporations, and local governments—and debt growth from these sectors has been slower than U.S. government debt.
Consumer Unsecured: The sector experienced another positive month of performance, with 30+ Impairments dropping 32 bps MoM.
Subprime Auto: Cure and Payment Made rates soared, with the latter hitting a record high.
