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techMEDIUM2026-05-03 22:21 UTC

Auto loan crisis: Car debt grows and negative equity explodes. 30% of Americans with vehicle loans are upside-down on their loans.

The report says that's to the tune of $7,183 in the red on the finances, and that's also the highest number ever reported for a first quarter and simultaneously the second highest quarter ever on record. Google searches for "Give car back" are skyrocketing to the highest levels in history. su

ORIGINAL SOURCE →via Reddit r/economy
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