return2ozma@lemmy.world to Personal Finance@lemmy.mlEnglish · 4 months agoCar Repossessions Surge 23% as Americans Fall Behind on Paymentswww.bloomberg.comexternal-linkmessage-square34fedilinkarrow-up174file-textcross-posted to: news@lemmy.world
arrow-up174external-linkCar Repossessions Surge 23% as Americans Fall Behind on Paymentswww.bloomberg.comreturn2ozma@lemmy.world to Personal Finance@lemmy.mlEnglish · 4 months agomessage-square34fedilinkfile-textcross-posted to: news@lemmy.world
minus-squaresugar_in_your_tea@sh.itjust.workslinkfedilinkEnglisharrow-up4·edit-24 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.