!!️US serious delinquencies on auto loans are skyrocketing

More evidence that the majority of US consumers are struggling

Author

Global Markets Investor
February 25, 2025

US auto loans serious (90+ days) delinquency rates hit 3.0% in Q4 2024, the highest in 14 years - the Great Financial Crisis recovery period.

Serious delinquencies now surpassed the 2001 recession and the 2020 Crisis levels.

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Serious delinquencies have been surging for all age groups with the youngest hit the most.

More analysis about the US consumer:

🚨What is happening with the US consumer sentiment?

Americans' economic outlook is rapidly shifting, and this is not a good sign

globalmarketsinvestor.beehiiv.com/p/what-is-happening-with-the-us-consumer-sentiment

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