All Eyes Are On Subprime Auto Loan Delinquencies

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Why The US Poor Make Their Car Payments

To get an idea of how much Americans will scrimp to make their car payments, just look at the most recent data on U.S. loan defaults. For a fifth consecutive month in December, more consumers gave up paying their credit cards and mortgages, but fewer bailed on their car payments, according to Experian. The data offers…

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