In a country where public transport is scant outside major cities, car loans are one of the last things that Americans will let themselves default on. So it is particularly shocking that the share of car loan borrowers missing payments on their debt has soared ...
Trump's policies could decrease the U.S. labor force by 6.8 million by 2028 and 15.7 million by 2035, according to the analysis.
-- Newsweek (@newsweek.com) Oct 21, 2025 at 12:25 PM
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More Americans are falling behind on their auto loan payments. Here's why.
www.cbsnews.com
... Americans continue to fall behind on auto loan payments in the face of record-high car prices and high interest rates.
A recent study by VantageScore found that auto loan delinquency rates have increased by more than 50% over the past 15 years. The upward trend continues even as delinquency rates in other loan categories -- including credit card loans, personal loans and home equity loans -- have declined, according to the report.
"Back in 2010, auto loans were the least risky of all products at that point in time," Rikard Bandebo, chief economist at VantageScore, said in a recent video. "Now, as we look at 2025, it's actually " excluding student loans " the riskiest credit product." ...
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