The Holy-Cow Moment for Subprime Auto Loans; Serious Delinquencies Blow Out

Serious auto-loan delinquencies – auto loans that are 90 days or more past due – in the third quarter of 2019, after an amazing trajectory, reached a historic high of $62 billion, according to data from the New York Fed today:

 

 

 

 

 

 

 

 

https://wolfstreet.com/2019/11/13/the-holy-cow-moment-for-subprime-auto-loans/