🇺🇸 🚗 **Driven to Default: The Economy-Wide Risks of Rising Auto Loan Delinquencies**

"_Auto finance is at a breaking point, as Americans owe over $1.66 trillion in auto debt. Delinquencies, defaults, and repossessions have shot up in recent years and look alarmingly similar to trends that were apparent before the Great Recession._"

🔗 https://consumerfed.org/reports/driven-to-default-the-economy-wide-risks-of-rising-auto-loan-delinquencies/.

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