Economy News Car Repossessions Are On The Rise In Warning Sign For The Economy Nbc News

Vehicle repossessions surging at pace on par with Great Recession

More than 2.2 million vehicles have already been repossessed this year, a number expected to climb past 3 million by the end of 2025, in line with the Great Recession. Read More

Car repossessions surge to 15-year high, raising concerns about an economic recession

Car repossessions are surging across the U.S., reaching their highest levels since the Great Recession in 2009. Read More

Are car loan delinquencies a sign of a struggling economy?

YES: Young and old cannot afford cash outlays to buy a car, used or new. And they certainly cannot afford a house at these interest rates. If car loan delinquencies rise it is a forbearer of bad news. Read More

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 economy is forming some serious cracks, leaving the most vulnerable in financial ... Read More

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 U.S. economy is forming some serious cracks, leaving the most vulnerable in ... Read More