US Auto Delinquencies Have Jumped 50% From 15 Years Ago
NegativeTechnology

A recent study reveals that US auto loan delinquencies have surged over 50% compared to 15 years ago, highlighting a troubling trend in consumer credit. This shift is largely attributed to skyrocketing car prices and increasing interest rates, making it harder for borrowers to keep up with payments. Understanding this trend is crucial as it reflects broader economic challenges and could impact both consumers and the auto industry.
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