With surging auto debt and repos across US, car-dependent Miami feels the pain Soaring car prices, predatory loans and stagnant wages are pushing Americans into record levels of auto debt.

The report found that annual car #repossessions and loan default rates are at their highest since the years during and immediately after the #GreatRecession
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Americans reach record car debt… experts fear a 2008-like collapse The soaring cost of cars and insurance is pushing millions of Americans to the financial brink. Wall Street is nervous that could trigger a recession.

' #Delinquencies, #defaults, and #repossessions have shot up in recent years,' the Consumer Federation of America warned in recent analysis. #Auto

'It looks alarmingly similar to trends that were apparent before the #GreatRecession.'

Rules that protect UK homeowners from repossessions may be scrapped Rules that protect UK homeowners from repossessions may be scrapped

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Rules that protect UK homeowners from repossessions may be scrapped

#Rules #Protect #Homeowners #Repossessions #Scrapped