US consumer delinquencies are surging:
— The Kobeissi Letter (@KobeissiLetter) November 11, 2025
3.0% of auto loans transitioned into 90+ days delinquency in Q3 2025, the highest in 15 years.
At the same time, 7.1% of credit card debt became seriously delinquent, near the highest in 14 years.
Student loan serious delinquencies spiked… pic.twitter.com/eoWmKF6w66
4.5
2
votes
Article Rating
2 responses to “Debt Delinquencies”
Working in retail furniture* sales (Chinese fake wood) during the Obamy years, It was frightening amazing at the debt credit limits of customers, and how many couldn’t qualify even with lay down credit requirements.
We sold 90% on credit, btw.
Before Obamy, was Carter which was much worse if you lost your job in my experience. Of course if you had a job it was tolerable.
But neither democRat Regime came close to O’bidens Disaster. Will Trump be set up to become another Herbert Hoover??? and What came with FDR???
History …zzzzzzzz
Kobiessi fear porn? As mortgages dominate consumer debt, when that spikes into serious delinquency, be alarmed.
The only takeaway of note is that student loan debt has always been “bad” debt. It is the binding the government (Obama) created to yoke future generations to the government wheel.