The number of Americans failing to pay their auto loans has risen to the highest level in a decade as borrowing costs rise.
Credit agency TransUnion tracks more than 81 million auto loans throughout the United States.
Auto Loan Delinquencies Rise to Highest Level in a Decade as Borrowing Costs Rise
New vehicles are parked in storage lots near the the Stellantis Detroit Assembly Complex in Detroit on Oct. 5, 2022. Paul Sancya/AP Photo
