Economy News Rising Car Repossessions Trend Warning Sign For Economy, Report Says Fox Business

Car repos may hit 3 million this year. Is the economy in trouble?

Car repossessions in the United States are projected to reach 3 million this year, marking the highest rate since the 2009 recession. This alarming surge has economists concerned, as it mirrors ... Read More

Car repossessions are expected to hit 3 million this year, their highest rate since the 2009 recession. Is it a sign the economy is in trouble?

A recent report from the Recovery Database Network (RDN), says more than 2.5 million cars were repossessed last year, and this year is on track to hit 3 million, the most since 2009 (1). Read More

Car repossessions surge in the U.S., signaling possible economic strain

Car repossessions in the United States have reached their highest rate since the 2009 recession, reflecting economic strain and rising costs for vehicle owners. Read More

Vehicle repossessions surging at pace on par with Great Recession

Repossessions of cars are surging in a way that's hard to ignore. 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, ... Read More

Are car loan delinquencies a sign of a struggling economy?

Car loan delinquencies are now at their highest level since 2009 and some economists are sounding alarm bells for what it means for the economy. Delinquencies, defined as 60 days or more past due, are ... Read More

Car repossessions hit 15-year high in America — experts warn this could signal a looming recession

Car repossessions US recession warning: Car repossessions in the United States have surged to their highest level in 15 years, raising concerns among economists about the financial strain facing ... 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

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

According to CU Repossessions’ analysis of the Recovery Database Network, more than 2.2 million vehicles have already been repossessed this year, and that number is expected to climb past 3 million by ... Read More

Auto Loans Are a Warning Sign for US Economy

More Americans are falling behind on their car payments, a trend that points to growing financial strain among lower-income households. Data from Fitch Ratings shows that in January, nearly 6.5% of ... Read More