James48843
TSP Talk Royalty
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I saw this today- It’s from a newsletter on Facebook:
From:
www.facebook.com
The car market bubble is bursting:
Subprime auto loan delinquency rates have now surpassed 5% for the first time in history.
The 60-day delinquency rate for subprime auto loans has more than DOUBLED over the last 3 years.
Delinquency rates are now ~1.5 percentage points above the 2008 Financial Crisis peak.
At the same time, prime auto loan delinquencies rose to their highest in 15 years.
Meanwhile, the total value of auto loans in the US jumped $13 billion, to a record $1.66 trillion in Q2 2025.
An auto debt crisis is brewing.
MORE than 5% delinquent on Auto subprime
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The car market bubble is bursting:
Subprime auto loan delinquency rates have now surpassed 5% for the first time in history.
The 60-day delinquency rate for subprime auto loans has more than DOUBLED over the last 3 years.
Delinquency rates are now ~1.5 percentage points above the 2008 Financial Crisis peak.
At the same time, prime auto loan delinquencies rose to their highest in 15 years.
Meanwhile, the total value of auto loans in the US jumped $13 billion, to a record $1.66 trillion in Q2 2025.
An auto debt crisis is brewing.
MORE than 5% delinquent on Auto subprime