EPISODE · Nov 12, 2025 · 46 MIN
Subprime Auto Delinquency Hits Record, Bessent Floats Stimmy Checks
from Nobody Special Finance · host Nobody Special Finance
New data from Fitch this morning shows that more subprime borrowers than ever are now 60 days delinquent on their car payments as prices and interest rates have exploded, even in recent days. Elsewhere Treasury Secretary Scott Bessent in an interview this morning floated the idea of $2,000 "tariff rebates" (stimmies) for people making less than $100K per year.Support the Channel on Patreon Support the Channel by Buying Me a Coffee Subscribe to Nobody Special on YouTubeFollow Nobody Special on X(twitter)
What this episode covers
New data from Fitch this morning shows that more subprime borrowers than ever are now 60 days delinquent on their car payments as prices and interest rates have exploded, even in recent days. Elsewhere Treasury Secretary Scott Bessent in an interview this morning floated the idea of $2,000 "tariff rebates" (stimmies) for people making less than $100K per year.Support the Channel on Patreon Support the Channel by Buying Me a Coffee Subscribe to Nobody Special on YouTubeFollow Nobody Special on X(twitter)
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Subprime Auto Delinquency Hits Record, Bessent Floats Stimmy Checks
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