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Halls of Shrewd'm / US Policy
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Author: Steve203 🐝  😊 😞
Number: of 77771 
Subject: Re: Foreclosures Hit Highest Level In 6 Yrs
Date: 05/05/26 11:00 AM
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I do find it interesting that the locales quoted are most likely bastions of MAGA

Not just mortgage defaults. I asked the net sifter about auto loan defaults:

States with Highest Auto Loan Delinquency/Default Rates

Based on recent 2025–2026 data, the following states consistently show the highest rates of delinquent or defaulted auto loans:

Louisiana: Frequently ranked 1st or 2nd, with high rates of both early (30 days) and late (90+ days) delinquencies.

Mississippi: Top-ranking state for overall delinquency rates (reaching up to 9.8% to 13% depending on the study).

Georgia: Consistently ranks among the top states for delinquent borrowers.

West Virginia: High delinquency and default rates reported.Alabama: Shows high delinquency rates (roughly 9%).

Texas: High balances and high delinquency rates


Yup. Predominately MAGA areas. Low income. Low education. Then a demagogue tells them how they are victims, and they flock to his banner.

Steve
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