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Millions of Americans are behind on their car payments

CBS News Wednesday, 13 February 2019 ()
Millions of Americans are behind on their car paymentsEconomists are concerned that a record 7 million Americans are at least three months behind on their car loan payments. That's even more than in 2010, at the height of the financial crisis. Washington Post economics correspondent Heather Long joins CBSN with more.
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News video: Number Of Americans Behind On Car Payments Hits A Record High

▶ Number Of Americans Behind On Car Payments Hits A Record High 00:18

In a bad sign for the economy, more Americans are falling behind on their car payments.

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A record 7 million Americans have stopped paying their car loans, and even economists are surprised

A record 7 million Americans have stopped paying their car loans, and even economists are surprised
· A new report from the Federal Reserve Bank of New York revealed 7 million Americans are behind on their auto payments by at least 90 days. · Most of the...
Business Insider

Record 7 million Americans are 3 months behind on car payments, a red flag for economy

Economists warn this is a red flag. Despite the strong economy and low unemployment rate, many Americans are struggling to pay their bills.
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Record 7 million Americans are 90 days behind on car loan payments

A new report on household debt sounds an alarm about the economy. A record 7 million Americans are at least 90 days behind on their car loan payments. Dean...
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