🚨 A record number of Americans are falling behind on their auto loans.
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This is not a "soft landing". It's a warning sign.
New data shows that delinquencies on auto loans are rising to levels we haven't seen before — worse than in 2008, worse than during COVID.
And that matters because auto payments are usually the last thing people stop paying.
First come credit cards. Then personal loans. But a car? That's how people get to work, take their kids to school, and handle daily life. It's a priority bill.
So when auto delinquencies go up, it often means there's already deeper financial pressure.
What's more concerning is that this is no longer just a subprime issue.
Even prime borrowers — stable jobs, good credit — are starting to feel the squeeze. Monthly payments of $700–$1,000, plus rising insurance costs, are tightening budgets.
For many, the cost of a basic car now rivals what rent used to be.
At the same time, used car prices are softening. That means more people are stuck with negative equity — owing more than their car is worth — while interest rates remain high.
Repos are on the rise. Lenders are keeping a close watch.
The narrative of the "strong consumer" tells one story. This data tells another.
If lenders start tightening credit even further, it could signal more stress ahead.
The auto loan market has often been an early warning sign.
Right now, it's flashing red.
#PrestamosDeAuto #EconomiaGlobal #CrisisDeDeuda #Recesion #Finanzas