6.6 percent of subprime auto borrowers were over 60 days past due in Jan. It's the highest level since Fitch Ratings began tracking data in 1994 President Trump's tariffs are likely to drive up car ...
(NewsNation) — Americans with lower credit scores are falling behind on their car payments at the highest level in decades. A record 6.65% of subprime auto loans were at least 60 days past due in ...
U.S. subprime auto delinquencies reached 6.65% in October, according to Fitch Ratings, which has tracked the data since the early ’90s. Money; Getty Images Americans are falling behind on auto loan ...
The headlines say inflation is easing and jobs remain strong, but consumers are skipping car payments. The Fed claims to be data driven. But if you’re watching behavior, not just backward-looking ...
The record number of Americans falling behind on car payments is stoking concerns that more pain is in store for subprime auto lenders, following the recent high-profile collapses of Tricolor Holdings ...
The rise in late auto loan payments is a symptom of an increasingly unaffordable vehicle market, experts say. Households with the lowest incomes are suffering the most. Auto loan debt is not yet at a ...
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