Babagounj
Strength through joy
Americans are falling behind on their car payments
Recent data from experts at Cox Automotive shows that Americans are still struggling with car payments. The number of defaults industrywide is up in the first half of 2024.
www.foxbusiness.com
Repos Spike in 2024 As Fewer Americans Can Pay Their Car Loans
Car repossessions have surged in the U.S. during the first half of 2024 as more borrowers fall behind on their auto loans. Repos have gone up by 23% compared to the same time period last year, according to Automotive News. This unusually high number of repos in America is due, in part, to...
autos.yahoo.com