Delinquency rates on U.S. auto loans hit their highest level in over a decade as low-income borrowers struggle with the end of pandemic era benefits programs.

CNBC

United States

Auto loan delinquencies rise as loan-accommodation programs end

Subprime borrowers in particular are feeling the impact of higher prices for both new and used vehicles.

Ad Fontes Media

All Sides

Media Bias/Fact Check

Roberts family

The number of Americans failing to pay their auto loans has risen to the highest level in a ...

The Epoch Times

Epoch Media Group

New York

Auto Loan Delinquencies Rise to Highest Level in a Decade as Borrowing Costs Rise

The Daily Caller

Tucker Carlson

Neil Patel

Washington

District of Columbia

More Americans Can’t Afford Their Car Payments In Biden’s Economy, Analysts Say

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

(Photo by Joe Kovacs)By John Hugh DeMast
Daily Caller News FoundationDelinquency rates on U.S. auto loans hit their highest level in over a decade as low-income borrowers struggle with the end of pandemic era benefits programs and rising interest rates, CNBC reported Tuesday.Roughly 200,000 auto loans reached 60-day delinquency after pandemic-era loan accomodation programs — intended to prevent those who were laid off during the pandemic from ha…

Medford

Jackson County

Oregon

More Americans can't afford their car payments in Biden's economy

by John Hugh DeMastri Delinquency rates on U.S. auto loans hit their highest level in over a decade as low-income borrowers struggle with the end of pandemic era benefits programs and rising interest rates, CNBC reported Tuesday.Roughly 200,000 auto loans reached 60-day delinquency after pandemic-era loan accomodation programs — intended to prevent those who were laid off during the pandemic from having their cars repossessed — lapsed this year,…

The Ohio Star

Star News Network

Ohio

More Americans Can’t Afford Their Car Payments in Biden’s Economy, Analysts Say - The Ohio Star

Auto Loan Delinquencies Rise to Highest Level in a Decade as Borrowing Costs Rise

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