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

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

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

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

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

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