Americans are behind on car payments at a record level, delinquencies reach 33-year high
Americans are missing their car payments at the highest rate in decades, according to Fitch 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. This is …