Credit card and auto‑loan delinquency rates fell to record lows during the early pandemic, then rose to levels not seen since the 2008 crisis, according to the Federal Reserve Bank of New York Consumer Credit Panel/Equifax data. By 2023 Q1 the rates had returned to or exceeded pre‑pandemic levels. In the most recent quarters the overall trend has flattened: credit‑card delinquency rates have remained stable or declined, while auto‑loan delinquency rates were flat from early 2024 through Q2 2025 and rose slightly in Q3 2025. The increase is strongest among low‑income households and renters, and the largest quarterly jump since Q1 2024, suggesting renewed pressure on the auto‑loan market.
https://www.federalreserve.gov/econres/notes/feds-notes/a-note-on-recent-dynamics-of-consumer-delinquency-rates-20251124.html
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