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The rate of new auto loan delinquencies is also on the rise, hitting 7.3% in the second quarter, compared with 6.9% in the first quarter. That’s also above pre-Covid levels.
For many Americans with shaky credit, keeping up with car payments is becoming a growing struggle, and the numbers prove it. Subprime delinquency rates surge ...
Be careful picking the "default" auto-pay setting for your credit card. Find out the right way to set it up without accruing any interest.
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