Rikard Bandebo

Rikard Bandebo, Chief Economist at VantageScore, delves into the alarming rise of auto loan delinquencies, which have reached historic highs. He explains how surging prices, rising interest rates, and increasing insurance costs contribute to this trend. Bandebo discusses the K-shaped economy and its effects on different income cohorts, highlighting why higher-income delinquencies are also rising. Additionally, he examines the impact of resumed student loan payments and the critical role of cash-flow data in assessing consumer credit health.