Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate since the 1990s, according to Fitch Ratings.

Vehicle sticker prices are way up — and so are maintenance and insurance. Plus, Americans are buying bigger cars with more fancy stuff these days.

Delinquency rates remain "elevated," according to the NY Fed, especially on student loans.

But other positive factors in the economy are limiting the potential damage, economists say, like low unemployment.