return2ozma@lemmy.world to Personal Finance@lemmy.mlEnglish · 3 months agoCar Repossessions Surge 23% as Americans Fall Behind on Paymentswww.bloomberg.comexternal-linkmessage-square38fedilinkarrow-up181arrow-down10file-textcross-posted to: news@lemmy.world
arrow-up181arrow-down1external-linkCar Repossessions Surge 23% as Americans Fall Behind on Paymentswww.bloomberg.comreturn2ozma@lemmy.world to Personal Finance@lemmy.mlEnglish · 3 months agomessage-square38fedilinkfile-textcross-posted to: news@lemmy.world
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up4·edit-23 months agoExactly. Auto loans are relatively short-term, and you’re probably more likely to default relatively early into the loan than later, esp. since you would no longer be upside-down later on.
Exactly. Auto loans are relatively short-term, and you’re probably more likely to default relatively early into the loan than later, esp. since you would no longer be upside-down later on.