We’re excited to share our Credit Risk insights from Q3 2025!
Delinquencies ticked up slightly this quarter, not alarmingly so, but it’s a less encouraging trend than we saw in Q2.
Our team continues to closely monitor a few key areas:
• Student loan delinquency levels, especially with the potential of future wage garnishment programs
• Persistently high delinquencies in subprime auto and recent lender bankruptcies in the space
• The macroeconomic picture, in particular low real wage growth and the potential for tariff-driven inflation
Please reach out to authors Scott Barton, Walker Flythe, Erin Hensien, Hainan Xiong, Morgan Bernstein, or Callum Williams if you have any questions or want to discuss the latest industry trends.