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The delinquency rates on auto loans are not surprising, given the recent increase in delinquency rates for credit cards and mortgage loan payments. In the current economic environment, some consumers must choose which bills are their priorities. For many, auto loans are paid after bills for heating, electric and mortgages. So many consumers rely on automobiles on a daily basis, that waiting to pay auto loans is not an easy decision. Public transit is not available to people in smaller cities and very few could walk or ride their bike to work.