Honest-1 Auto Care
General Automotive Repair
How that compares in its industry
Brands in the same industry group — General Automotive Repair — with at least 20 finished loans, meaning repaid or written off. 115 further brands were left out for having too few. All 11 are shown.
5 of 10 comparable brands had a lower charge-off rate than Honest-1 Auto Care.
The median brand in this group charged off 9.5% of its finished loans; Honest-1 Auto Care charged off 10.0% — 1.1× the median. Rank alone would move a whole place if any single brand did, so the median is the steadier comparison.
That rests on 40 finished loans. One fewer default would read 7.5%, one more 12.5% — how much a single borrower moves this figure is part of reading it.
Charge-off rate across finished loans — repaid or written off — so a lower bar is better. Counts beside each bar are the evidence behind the percentage — a brand with 3 of 21 and one with 30 of 210 share a rate and not a level of certainty. Industry grouping is the SBA’s own classification (NAICS 8111), which is broader than a brand’s own speciality.