Rising car repossessions trend warning sign for economy, report says

Rising car repossessions trend warning sign for economy, report says Number of people behind on car payments approaching prepandemic levels ... Read More

Car repossessions are on the rise in warning sign for the economy

If the economy deteriorates as many economists are predicting in 2023, the number of those falling behind on their car payments should continue to rise, even as consumers tend to give priority to ... Read More

Rising Rate Of Car Repossessions Worrying Sign For Economy

Rising Rate Of Car Repossessions Worrying Sign For Economy The lowest-income Americans are defaulting on car loans at a higher rate than in 2019, and are slowly approaching 2009 levels. Read More

Car repossessions trending up for ‘prime’ and lower-income ...

Car repossessions are on the rise for all consumers, and they’re being treated as an early warning sign for hard economic times to come. The rate of loan defaults for the lowest-income car ... Read More

With car repossessions and home foreclosures rising, some ... - NBC News

With car repossessions and home foreclosures rising, some Americans are living on a financial cliff A growing number of Americans have found themselves strapped for cash and looking for financial ... Read More

The economy is growing, but so are auto repossessions. That doesn’t ...

U.S. GDP rose 2.8% in Q2, but car repossessions spiked 23% in 2024. Rising costs and unemployment are straining household budgets. The economy is growing, but so are auto repossessions. Read More

Rising car repossessions trend warning sign for economy, report says

The average monthly payment for a new car is up 26% since 2019 to $718 a month, the report states. Nearly one in six new car buyers is spending more than $1,000 a month on vehicles, and costs ... Read More

Car repossessions are on the rise in warning sign for the economy

WASHINGTON — A growing number of consumers are falling behind on their car payments, a trend financial analysts fear will continue, in a sign of the strain soaring car prices and prolonged ... Read More

Rising car repossessions trend warning sign for economy, report says ...

The number of car repossessions across the United States is on the ... Small Business; Regional News. Los Angeles News - FOX 11; ... Rising car repossessions trend warning sign for economy, report ... Read More

Car repossessions are on the rise in warning sign for the economy - AOL

A growing number of consumers are falling behind on their car payments, a trend financial analysts fear will continue, in a sign of economic strain. Car repossessions are on the rise in warning ... Read More

Rising car repossessions trend warning sign for economy, report says ...

The number of car repossessions across the United States is on the rise and expected to continue into the new year. Some industry experts say it is a sign of the economy. Read More