Subprime Auto Loan Defaults Hit Record As Borrowers Struggle With High Prices And Rates

Benzinga 2025-10-10

Views 21

Subprime auto delinquencies hit a record 6%, with 1.73M repossessions last year—the most since 2009. Rising car prices, rates, and job losses are straining lower-income borrowers, though banks are tightening credit to contain risk.
Show more

Share This Video


Download

  
Report form
RELATED VIDEOS
Online lending apps accused of 'shaming' borrowers by texting contacts
play
00:43

Online lending apps accused of 'shaming' borrowers by texting contacts
Read The Home Equity Lending Industry: Refinancing Mortgages for Borrowers with Impaired Credit
play
00:05

Read The Home Equity Lending Industry: Refinancing Mortgages for Borrowers with Impaired Credit
NBI nabs owner of online lending app that allegedly ordered delivery of caskets, flowers to borrowers
play
01:40

NBI nabs owner of online lending app that allegedly ordered delivery of caskets, flowers to borrowers
Peer To Peer Lending - Providing New Opportunities For Borrowers And Investors
play
02:02

Peer To Peer Lending - Providing New Opportunities For Borrowers And Investors
[P.D.F D.o.w.n.l.o.a.d] Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of
play
00:15

[P.D.F D.o.w.n.l.o.a.d] Lending to the Borrower from Hell: Debt, Taxes, and Default in the Age of
Read Navigating the Subprime Lending Industry: Leading Lawyers on Understanding the Subprime
play
00:06

Read Navigating the Subprime Lending Industry: Leading Lawyers on Understanding the Subprime
Fed's Cook Sees Signs of Stress in Subprime Borrowers
play
01:38

Fed's Cook Sees Signs of Stress in Subprime Borrowers
CG: Moneymatch na P2P lending, tumutugon sa mga borrower at lender
play
01:16

CG: Moneymatch na P2P lending, tumutugon sa mga borrower at lender
Magma Fincorp: Government's Move To Hike Loading Capacity Beneficial For Both Borrowers & Lenders
play
03:08

Magma Fincorp: Government's Move To Hike Loading Capacity Beneficial For Both Borrowers & Lenders
What Is Subprime Mortgage Lending Plan
play
03:51

What Is Subprime Mortgage Lending Plan
Greek banks lend hand to borrowers who can't repay debts
play
02:25

Greek banks lend hand to borrowers who can't repay debts
CFPB Warns Private Lenders Mislead Borrowers On Refinancing Risks, Costing Access To Loan Forgiveness Programs
play
00:35

CFPB Warns Private Lenders Mislead Borrowers On Refinancing Risks, Costing Access To Loan Forgiveness Programs