Falling behind on debt payments can cause long-term credit score damage and cost you a lot of money. You’ll rack up costly late fees even as your interest continues to build up. When it comes to auto loan debt, delinquency also has another dire consequence – after a long enough period of time, your car may even be repossessed.
In order to identify the states where auto loan delinquency is increasing the most, and thus where people’s vehicles are most in danger, WalletHub compared the 50 states using its proprietary user data on consumer delinquency rates between Q3 2023 and Q4 2023.
States Where Auto Loan Delinquency Is Increasing the Most
| Overall Rank* | State | Share of Average Number of Auto Loan Tradelines Delinquent in Q4 2023 | Change in Average Number of Auto Loan Tradelines Delinquent (Q4 2023 vs. Q3 2023) |
|---|---|---|---|
| 1 | Washington | 10.67% | 12.89% |
| 2 | Alaska | 12.62% | 12.50% |
| 3 | Oregon | 10.27% | 11.70% |
| 4 | Georgia | 17.35% | 11.62% |
| 5 | Rhode Island | 11.38% | 11.41% |
| 6 | Oklahoma | 12.80% | 11.21% |
| 7 | Delaware | 18.09% | 11.21% |
| 8 | Utah | 9.01% | 11.16% |
| 9 | West Virginia | 17.11% | 10.75% |
| 10 | North Carolina | 17.93% | 10.29% |
| 11 | Hawaii | 13.79% | 10.24% |
| 12 | New Mexico | 15.05% | 9.78% |
| 13 | Colorado | 11.38% | 9.57% |
| 14 | New Jersey | 15.19% | 9.39% |
| 15 | California | 11.61% | 9.34% |
| 16 | South Carolina | 17.31% | 9.34% |
| 17 | Tennessee | 15.19% | 9.19% |
| 18 | Ohio | 12.70% | 9.06% |
| 19 | Nevada | 15.04% | 9.02% |
| 20 | Kansas | 11.92% | 8.96% |
| 21 | Vermont | 12.39% | 8.89% |
| 22 | Maryland | 16.29% | 8.84% |
| 23 | Arkansas | 16.49% | 8.63% |
| 24 | Mississippi | 23.49% | 8.55% |
| 25 | Pennsylvania | 15.17% | 8.38% |
| 26 | Arizona | 13.65% | 8.15% |
| 27 | Nebraska | 12.23% | 7.96% |
| 28 | Louisiana | 21.08% | 7.96% |
| 29 | Wisconsin | 12.14% | 7.93% |
| 30 | Michigan | 17.44% | 7.93% |
| 31 | Florida | 12.36% | 7.88% |
| 32 | Texas | 15.30% | 7.85% |
| 33 | Indiana | 14.94% | 7.63% |
| 34 | South Dakota | 11.61% | 7.51% |
| 35 | Illinois | 12.88% | 7.25% |
| 36 | Kentucky | 15.05% | 7.19% |
| 37 | Virginia | 14.50% | 7.15% |
| 38 | Connecticut | 14.56% | 6.78% |
| 39 | New York | 13.09% | 6.78% |
| 40 | Idaho | 9.04% | 6.77% |
| 41 | Missouri | 13.76% | 6.72% |
| 42 | Alabama | 17.61% | 6.71% |
| 43 | Massachusetts | 11.25% | 6.55% |
| 44 | North Dakota | 11.57% | 6.45% |
| 45 | New Hampshire | 11.32% | 6.25% |
| 46 | Iowa | 8.77% | 5.97% |
| 47 | Montana | 11.16% | 5.60% |
| 48 | Minnesota | 13.34% | 3.04% |
| 49 | Maine | 12.09% | 2.30% |
| 50 | Wyoming | 11.59% | 1.48% |
Note: *No. 1 = Largest Increase
