America's Debt Debacle: Why are so many consumers behind on their auto loans?

More than 7 million car owners are more than 90 days overdue with payments, higher than during the economic crisis a decade ago

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A record number of Americans are 90 days behind on their car paymentsAs auto loan debt has soared, so has the number of people who can't pay, with the level of serious delinquencies rising to its highest level since just after the financial crisis.
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