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%.
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.