Auto loan delinquencies are spiking, and it’s making it way tougher to get approved for a car loan—especially if your credit isn’t great. Interest rates are still high, and more people (especially younger and subprime borrowers) are falling behind on payments. Even folks with excellent credit are defaulting more than before. Lenders are getting pickier, and loans are stretching longer just to keep payments manageable. Feels like the auto industry is hitting the brakes hard right now. #Cars #AutoLoans #CarBuying