24 Oct 2025 12:04 pm
Thats just the begining TriColor in Texas and afew other "Sub-Prime" Auto Lenders basically went "Bust"..nefarious101 » 24 Oct 2025, 9:04 am » wrote: ↑ a look at debt....worse than 2008 in most cases...
now you know why Trump is cutting so deep with DOGE
Meanwhile the Pedo=progressives LGBT democrats who cause all this in the first place want another 1.5 trillion dollars spent by the FEDS
1.21 Trillion dollars Credit card debit = 57% increase since 2021
12.3% Credit cards are 90 day late
1 in 8 credit cards are delinquent 90 days or more
67% of Americans are living pay check to pay check
25% are using "Buy now pay later" to buy groceries
car loans
5% are 90 days past due
1 in 5 new cars buyers are paying $1,000+ per month
car repossession recovery rate 33% of it's value
This has also affected smaller "Regional Banks" who were exposed holding their bonds..
I mean were taking "Sub-Prime" okay but lets sell em a 30/40 thousand dollar car that immediatly drops 25 percent in value as soon as ya sign the papers and drive it off the dealership lot
Unlike Real Estate a house which grows in value eventually..
Lets sell ya a 30/40 grand car and high interest a grand per month payments on a rapidly "Depreciating" asset..
Ya the Credit Cards too
Credit Card "Defaults" are Skyrocketing too..
And guess what once the "Easy Credit" Dries Up that means $ales are gonna crash next shutdowns and layoffs