Auto loan delinquencies just hit record highs—and it's raising eyebrows across financial markets. What's really driving this spike in consumer credit stress? Rikard Bandebo, chief economist at VantageScore, breaks down the mechanics behind delinquent accounts, consumer credit patterns, and what this signals about the broader credit cycle. His analysis reveals how deteriorating credit conditions could ripple through different asset classes, making it essential reading for anyone tracking macroeconomic headwinds.