The US middleclass, pretty much the only people who buy new cars today, is waaay overextended, and credit card rejection is common at market and other checkout lines. Wait until everyone's driving unreliable (few people in this society can actually diagnose/repair any car built after computerization in the 90s) old clunkers. Office workers will miss work due to breakdowns, even as the bosses redact work from home rights
"Americans struggling to pay #carloans"
https://www.cbsnews.com/video/americans-struggling-to-pay-back-car-loans/ #USEconomy
"Americans struggling to pay #carloans"
https://www.cbsnews.com/video/americans-struggling-to-pay-back-car-loans/ #USEconomy
Americans struggling to pay back car loans
More Americans are having trouble paying down their car loans, especially those with sub prime loans. Andres Gutierrez takes a look at what's causing the trend.CBS News
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