“The New York Fed said that there were over a million more ‘troubled borrowers’ at the end of 2018 than there were in 2010, when unemployment hit 10 percent and the auto loan delinquency rate peaked. Today, unemployment is 4 percent and job openings are at an all-time high, yet a significant number of people cannot pay their car loan.” Most of those behind on their payments are under 30, “suggesting young people are having a difficult time paying for their cars and their student loans at the same time. WaPo: A record 7 million Americans are 3 months behind on their car payments, a red flag for the economy.