Americans Are Defaulting on Car Loans at an Alarming Rate
Americans Are Defaulting on Car Loans at an Alarming Rate
jacobin.com
Americans Are Defaulting on Car Loans at an Alarming Rate
Across the US, people are increasingly defaulting on their car loans — a dire economic indicator because these loans are usually the last payment Americans are willing to miss. Meanwhile, auto insurer...
Across the US, people are increasingly defaulting on their car loans — a dire economic indicator because these loans are usually the last payment Americans are willing to miss. Meanwhile, auto insurers are raking in record profits after hiking rates.