Car Breakdowns Are Making More People Fall Behind on Their Loans

WSJ 0 تعليق ارسل طباعة تبليغ حذف

Cars are staying on the road longer, reaching an age where they need substantial repairs or break down. It is a key reason more people are falling behind on their auto loans.

The trend, noted by lenders, consumer attorneys and others, is another example of the long-lasting effects of the pandemic, which transformed the auto industry by making new and lightly used vehicles hard to come by.

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Source:" WSJ "

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