CAR REPOSSESSIONS SURGE 23% AS AMERICANS FALL BEHIND ON PAYMENTS...

  1. 1ronnie
    26,801 Posts.
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    17/07/24
    16:02
    Post #: 74797479
    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
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    lightbulb Created with Sketch.  Great analysis
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