Americans are falling behind on car payments at a record rate, with subprime borrowers missing their monthly payments by as much as 6.56% in January, the highest since data collection began in 1994, according to Fitch Ratings.
Source: https://www.bloomberg.com/news/articles/2025-03-06/late-car-loan-payments-auto-delinquencies-spike-to-highest-level-in-decades