Just in case you need some more evidence that the U.S. economy is rolling over.
Bloomberg reports:
More borrowers with spotty credit are failing to make monthly car payments on time, a troubling sign for investors who have snapped up billions of dollars of securities backed by risky auto debt.
Delinquencies on subprime auto loans packaged into bonds rose in January to 4.7 percent, a level not seen since 2010, according to data from Wells Fargo & Co.
from Liberty Blitzkrieg http://ift.tt/1TzSFTU
via IFTTT