Missed payments don’t just threaten your vehicle — they can damage your credit, pile on fees and make future borrowing more expensive. The question is how to protect yourself before a late notice ...
NEW YORK — According to the S&P/Experian Consumer Credit Default Indices, the auto loan default rate dropped from 1.45 percent in April to 1.34 percent in May. Moreover, first and second mortgage ...
Auto loan delinquencies and repossessions are climbing fast, according to the Consumer Federation of America, fueled by inflated car prices, long loan terms, higher rates and weakened regulatory ...
The growing costs to buy and maintain a car – exacerbated by inflation and tariffs – are leading to rising auto loan defaults and repossessions and a potential crisis for American consumers left ...
Insight from the top: why auto-loan defaults are spiking, according to Chase’s CEO—and what it signals for consumers and the wider economy. Auto loan defaults are rising, leading to bankruptcies at ...
A key group of American borrowers is falling significantly behind on their car loans. It’s yet another sign that the U.S. economy is forming some serious cracks, leaving the most vulnerable in ...