Has the subprime auto dumpster fire started?

Smell Fire? Subprime auto loan delinquency climbs to highest rate since April 2020

Now that pandemic economic subsidies have disappeared and inflation has climbed to a forty year high, the tide of delinquency may be creeping in. According to Deutsche Bank, subprime auto loan delinquency over 60 days delinquent hit 4.15% in February. The highest level since April of 2020. The peak of the pandemic.

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Has the subprime auto dumpster fire started? – Credit Union Collections – Credit Union Collectors – Source: Marketwatch