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 ...
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 ...
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 ...
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 ...
Discover the most competitive auto loan rates available in 2025.
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 ...