Surge In Delinquencies Threatens U.S. Auto Loan Bubble

in autoloans •  6 years ago 

Automobile delinquencies reached a two decade high. To qualify, loans had to be at least 90 days behind.

This shows that not all Americans are sharing in the economy growth.

Automobile sales are mirrored by loans. There are some who believe auto loans are in a bubble.

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6 years ago by

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      ·  6 years ago 

    This is certainly not a good prospect for the economy.

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      ·  6 years ago 

    Wonder how many of those delinquent loans are "sub-prime."

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    1 vote