US auto loan delinquency rates keep on surging:



Subprime auto loan delinquency rates just crossed above 5% for the first time in history.

Since 2022, the 60-day delinquency rate for subprime auto loans has more than DOUBLED.

Delinquency rates are now above the peak levels
MORE-1.38%
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Whale_Whisperervip
· 07-25 20:47
The car market is doomed.
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LucidSleepwalkervip
· 07-25 20:47
Is the flavor of 2008 coming back again?
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Layer3Dreamervip
· 07-25 20:44
theoretically speaking, this loan spiral = recursive debt SNARKs on tradfi layer...mind-blowing
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MetaMuskRatvip
· 07-25 20:38
The smell of economic crisis.
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