Auto loan debt recently surpassed student loans as the second-largest consumer debt category. Is a crisis looming?
It’s growing increasingly difficult for many Americans to afford their car loans. In fact, car owners are missing their monthly payments more frequently now than at any time in more than 30 years, ...
Missed payments on auto loans by American car owners rose to the highest level in three decades earlier this year. The percentage of borrowers with subprime car loans who are at least 60 days ...