9don MSN
A significant group of Americans are falling behind on their car payments - an economic warning sign
A key group of American borrowers is falling significantly behind on their car loans. It’s yet another sign that the US ...
Tinker Federal Credit Union reports that more Americans are struggling to keep up with car payments due to higher interest ...
More Americans are struggling to keep up with their car payments. An October report from Vantage Score shows that auto ...
The Consumer Financial Protection Bureau suggests that lenders may be overzealous in repossessing cars. By Ann Carrns More automobile owners are falling behind on their payments, and a new report ...
For most consumers, they have a variety of options and carriers when it comes to insurance. For repossession agents, availability and choices aren’t so robust because of the complex business among ...
Wrongful repossessions already burdened the industry, and it’s an issue that intensified since the pandemic began. With insurance companies already wary of absorbing too much liability, the ...
Across the country, people are increasingly defaulting on their car loans — a particularly dire economic indicator because car loans are usually the last payment that Americans are willing to miss. As ...
Car loan delinquencies have gone up by 50 percent in the last 15 years, a troubling trend considering that many Americans ...
2don MSN
Clark Howard warns about making this car-buying mistake that can cause significant financial strain
A recent surge in loan defaults and car repossessions is causing significant financial strain, with consumer advisor Clark Howard issuing a warning against taking out extra-long auto loans.
The New York State Department of Financial Services last month reminded lenders to give consumers refunds on their finance and insurance products if their vehicles are repossessed or deemed a total ...
You don't gotta tell me twice. Times are tough on the streets nowadays. Prices are up, inflation is still kicking us in the nads, and jokes about digging between couch cushions for change are now very ...
For many Americans, the thought of trading in their auto-related debt like it was a lemon, would be a dream come true. But it’s only a dream, because, in 2023, the average auto loan debt grew to ...
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