Axios
Data: Fitch Ratings; Chart: Axios VisualsAmericans are missing their car payments at the highest rate in decades, according to Finch Ratings data. Why it matters: Car costs, including loans and insurance, have soared in an economy where consumers are showing mounting signs of stress. By the numbers: 6.6% of of subprime auto borrowers were at least 60 days past due on their loans as of January 2025…
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Americans are behind on car payments at a record level
April Rubin
09:20
Data: Fitch Ratings; Chart: Axios VisualsAmericans are missing their car payments at the highest rate in decades, according to Finch Ratings data. Why it matters: Car costs, including loans and insurance, have soared in an economy where consumers are showing mounting signs of stress. By the numbers: 6.6% of of subprime auto borrowers were at
