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February 14, 2019

A Record 7 Million Americans At Least 90 Days Behind on Car Payments
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The Federal Reserve reports a record 7 million Americans are three
months or more behind on their car payments, in a worrying sign for the
U.S. economy. The rate of auto loan defaults is even higher than it was
in 2010, when U.S. unemployment topped 10 percent at the height of the
Great Recession.


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