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Month: June 2023

‘No wiggle room’: Why more young Americans are falling behind on car payments – Autoblog

More young Americans are late to paying their car loans – approaching levels not seen since the Great Recession, according to a report from the New York Fed. In the last quarter, 4.6% of borrowers under 30 transitioned into serious delinquency – meaning they were at least 90 days overdue on an auto loan payment. …

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