Auto loan originations hit a record in Q2, but so did delinquencies

On the Dash: Auto loan originations hit a nominal record of $211 billion in Q2 2026, New York Fed data shows Serious auto loan delinquency reached its highest level since 2010 during the same quarter Overall household delinquency fell, and credit card delinquency has stabilized, easing broader stress concerns American consumers took out a record $211 billion in new auto loans during the second quarter, according to the Federal Reserve Bank of New York’s latest Quarterly Report on Household Debt and Credit. Consumers also boosted credit card and home equity balances during the same period. At the same time, more borrowers moved into serious delinquency, 90 days or more past…

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