Texans have second-highest auto debt

Average driver owes $14,372

Steve Hawley, Mar 04, 10.

The average Texas driver has $14,372 in auto debt, the second-highest level in the country, according to the Austin Business Journal. Nevadans, the top car debtors in the country, owe an average of $14,376 in debt, just four dollars more than Texans. The national average is $12,568.

Texas also fared poorly in car loan delinquency, with 1.01 percent of car owners more than 60 days late on their loan payments, compared to a national average of 0.81 percent. Texas is the ninth-worst state in that category.

The numbers come from a quarterly TransUnion credit report. The results are based on a random sampling of 27 million anonymous credit files nationwide.