Why Car Repossessions Are Surging This Year
July 16, 2024
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3:06Now PlayingWhy Car Repossessions Are Surging This Year
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as posted by the channelCar repossessions rocketed higher in the first half of the year, a sign of rising consumer distress as the Fed weighs rate cuts. So far in 2024, repos are up 23% compared with the same period last year, according to data from Cox Automotive. Claire Ballentine has more.
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