More Americans are falling behind on their car payments: The latest auto asset-back securities data shows that subprime ...
If you default on the loan ... 83% of consumers who'd taken out a car title loan in the previous six months still owed money on it. Even if you find yourself in a dire financial situation ...
Part of the mystery surrounding the auto-loan-default spike is the timing. The unemployment rate is still hovering near all-time lows, foreclosures and personal bankruptcies are at post-crisis ...
In the midst of rising car prices and interest rates ... see some more serious consequences. "If the loan remains unpaid it will generally go into default, which means you've broken the contract ...