No. of Recommendations: 4
Under Trump the MAGA suffering continues...
"Americans are missing their car payments at the highest rate in decades, according to Fitch Ratings data."
"Auto Loan Delinquency Rate is at its highest level in 14 years, and those in Southern states (MAGAS) are the biggest offenders."
"Southern states have the highest levels of auto loan delinquency. 9.8% of Mississippi auto loan borrowers have at least one delinquent account, ahead of Louisiana (8.4%) and Georgia (7.8%). Southern states occupy the top 14 spots."
"Generally speaking, Southern states have the lowest average credit scores, which would affect their loan burden. Because of that, they also tend to have above-average monthly payments."
Are we great again yet? Anyone? Bueller?
https://seekingalpha.com/article/4759231-auto-loan...https://www.axios.com/2025/03/07/car-loan-payment-...https://www.lendingtree.com/auto/delinquency-rates...