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65% Believe Loan Delinquencies Will Hit 6% - 10% by Year End

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Date: Jun 05, 2020 @ 07:18 AM
Filed Under: Industry News

Equipment Finance Advisor recently completed its second EFA reLaunch Survey, asking readers:

“What level will loan delinquency rates likely reach in the second half of 2020?

As illustrated in the graphic below, roughly 65% of survey respondent believe delinquencies will reach between 6% - 10%, while 14.5% believe they will reach 11% - 15%, 12.5% believe they will exceed 15%, and 8% believe they will be between 1% - 5%.

Business Survey Question: What level will loan delinquency rates likely reach in the second half of 2020?

Readers may also view the results of surveys here.

To take the NEW survey:
“What do you think the unemployment rate will be by December 31, 2020?”please click here.

Readers are encouraged to participate in the EFA reLaunch Surveys to gain real-time insights into how peers view the challenges presented by the COVID-19 crisis.



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