A record number of Americans are 90 days behind on their car payments

``"The substantial and growing number of distressed borrowers suggests that not all Americans have benefited from the strong labor market and warrants continued monitoring and analysis of this sector," Fed economists said in a report that accompanied their quarterly look at U.S. consumer debt. The surge in delinquencies came along with a $584 billion jump in total auto loan debt, the highest increase since the New York Fed began keeping track 19 years ago.''