Story perspectives
Auto Loan Crisis: Delinquency Rates Soar Among Borrowers
9/25/2025
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Story summary
- Auto loans are the second-largest debt for Americans, totaling over $1.6 trillion.
- More than 5% of borrowers are past due on auto loans.
- Mississippi leads delinquency at nearly 10%, with Louisiana 8.4% and Georgia 7.8%.
- Rising car costs fuel an affordability crisis; Generation Z borrowers have the highest delinquency rates, signaling broader economic distress.
