Missed payments don't just threaten your vehicle -- they can damage your credit. The question is how to protect yourself ...
A new report by the Consumer Federation of America to Congress calls on lawmakers and regulators to protect car buyers, saying a crisis is at hand.
U.S. auto loan delinquencies are climbing above pre-pandemic rates and nearing 2008 crisis levels. Consumers now carry $1.66 ...
Subprime auto delinquencies hit a record 6%, with 1.73M repossessions last year—the most since 2009. Rising car prices, rates, and job losses are straining lower-income borrowers, though banks are ...
Recent stress in the auto finance space is raising early red flags for US consumer credit. While consumer spending has ...
Americans are falling behind on car payments. Here’s why that could be a dark omen for the economy - Last year, 1.73 million vehicles were repossessed, which is the highest number since the year follo ...
As pandemic stimulus money has run out for many Americans, debt is starting to mount again and it is leading to signs of trouble, particularly in the auto industry where car repossessions are on the ...
“The $20,000-vehicle is now mostly extinct, and many price-conscious buyers are sidelined or cruising in the used-vehicle ...