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Defaults soar on auto loans in pattern likened to "a foreclosure crisis on wheels"

This Link is located in the Public Channel Housing Bubble and Bear Links.
Posted by ian 1 year 258 days ago (boston.com). Views: 118
Tags: subprime housing bubble

Related Tags: credit crisis gold wall street economics peter schiff inflation banks

Americans, under growing economic pressure, are deciding to surrender their rides rather than the roofs over their heads: The rate of auto-loan defaults recently reached a 10-year high of 3.4 percent. And one local auction company saw repossessions nearly [More...]

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1 year 258 days ago:
trent propped the link Defaults soar on auto loans in pattern likened to "a foreclosure crisis on wheels". [view link]

1 year 258 days ago:
ian propped the link Defaults soar on auto loans in pattern likened to "a foreclosure crisis on wheels". [view link]