Economy News Car Repossessions Are On The Rise In Warning Sign For The Economy Nbc News
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Car repossessions hit 15-year high in America — experts warn this could signal a looming recession
Car repossessions in the United States have reached a 15-year high. Over 2.2 million vehicles were repossessed this year, with projections exceeding 3 million by the end of 2025. This surge signals ... Read More
Car sales move into the slow lane. Is the economy downshifting, too?
Americans gave the economy a boost in the spring and summer by rushing to buy new cars to beat U.S. tariffs and take advantage of expiring tax breaks. Now it appears car shoppers are taking a backseat ... 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
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