CAR REPOSSESSIONS SURGE 23% AS AMERICANS FALL BEHIND ON PAYMENTS
High interest rates and inflation are squeezing consumers.
Repos have now surpassed pre-pandemic levels, up +14% compared to the first half of 2019.
"When you consider the costs for rent, shelter, and insurance, consumers are forced to prioritize their payments."
September rate cut incoming.
https://x.com/GRDecter/status/1813237938656059480
CAR REPOSSESSIONS SURGE 23% AS AMERICANS FALL BEHIND ON PAYMENTS...
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