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More Americans at risk of car repossession

May 9, 2023
in Market & News
Reading Time: 1 min read
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The rate of American car loan borrowers dubbed “severely delinquent” or 60 days overdue is up nearly 18 percent from a year ago, leading to more repossessions. NBC News’ Maggie Vespa spoke to one Detroit-area mom about the stress of being on the list to have her car repossessed.

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