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crumbaker t1_j6jlyin wrote

Reply to comment by Trpdoc in Recession concerns overtake inflation concerns by Infamous_Sympathy_91

It takes time for the negative effects to happen. It's really started to soar within the last 4 months or so. We're starting to see raising defaults on car loans uptick quite a bit. I'd expect to see the same thing with other forms of loans/credit within the next 6 months.

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Trpdoc t1_j6jo61e wrote

I’m just annoyed a fast food level chicken sandwich is 13 and rising. No end in sight.

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renok_archnmy t1_j6jz62q wrote

My employer has been seeing all loan misses and defaults ride for months now, not just cars.

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