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Number of Americans defaulting on subprime auto loans nearing levels not seen since the Great Recession

The number of people defaulting on their subprime auto loans is nearing levels not seen since the 2008 global financial crisis. This is according to a new report from Florida-based fixed-income [.]

Repo Companies Predict Boom as Consumers Miss Car Payments

Repossession companies are reportedly preparing for a boom period as consumers struggle to pay bills. “As the economy curves down, our industry curves up,”…

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