In late January, we cited data from Fitch that revealed consumers are falling behind on auto payments - the most since the peak of the Great Financial Crisis. Fast forward nine months later, to September, that rate just hit the highest level in nearly three decades. 

In what could be the beginning innings of the auto loan crisis, something we called a "perfect storm" earlier this year, Bloomberg cites new Fitch data:

The percent of subprime auto borrowers at least 60 days past due on their loans rose to 6.11% in September, the highest in data going back to 1994, according to Fitch Ratings.