U.S. car loan applications are being rejected at the highest rate in more than a decade 🚨🚨 pic.twitter.com/eGVthWpyRJ
— Barchart (@Barchart) January 25, 2026
Record missed car payments are fueling concerns about the health of subprime auto lenders, with recent high‑profile bankruptcies and elevated delinquencies suggesting systemic credit stress beyond just rejection rates.