More Americans Are at Least Three Months Behind on Their Car Payment Than Ever Before
This problem has been percolating for a while and seems to be getting worse. According to a report by the NY Federal Reserve Bank, we’re heading toward a critical mass with more than 7 million car loans more than 90 days past due. We all know how this kinda debt problem worked out in the "Great Recession" ten years ago.
If I had to take on debt that would be a struggle for me, there's no way I would spring for a C8.
https://jalopnik.com/more-americans-...-ca-1832577376
This problem has been percolating for a while and seems to be getting worse. According to a report by the NY Federal Reserve Bank, we’re heading toward a critical mass with more than 7 million car loans more than 90 days past due. We all know how this kinda debt problem worked out in the "Great Recession" ten years ago.
If I had to take on debt that would be a struggle for me, there's no way I would spring for a C8.
https://jalopnik.com/more-americans-...-ca-1832577376
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