Car Repossessions Reach Shocking Levels as Loan Defaults Exceed Levels During Great R
 

Car repossession rates in 2024 reached their highest level in over a decade at about 1.73 million. During the same year, 2,332,837 Americans defaulted on auto loans, which exceeded the number of defaults during the Great Recession?s peak. Vehicle repossessions, which naturally go hand-in-hand with ...

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