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Rise in late auto loan payments signals stress on low-income families
Delinquencies and repossessions rose to rates not seen since the 2007-2009 Great Recession, driven by rising loan sizes, vehicle prices, and living costs, Fed data show.
Summary by The Morning Sun
2 Articles
2 Articles
Coverage Details
Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
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