this post was submitted on 17 Jul 2025
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United States | News & Politics
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This and the source lendingtree article are both missing contextual timeline charts. They say it's spiking, but spiking requires context, compared to what baseline?
I don't doubt that there is significant financial stress and that it's likely a very telling data point. 5% on average across the United States seems very significant, what is the baseline of delinquency? What was it this time last year?
it literally takes under a minute to find this info
https://www.federalreserve.gov/econres/notes/feds-notes/rising-auto-loan-delinquencies-and-high-monthly-payments-20240926.html
Which should have been prominently displayed in the article.
While I appreciate you adding context, my comment wasn't about how easy or difficult it is to find a chart.
Sure, the article would've been better if it contextualized the data. I'm just pointing out that it's not difficult to find for those interested.
you should work for Forbes.com
clearly my journalistic standards are too high for them 🤣