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Car debt piles up as more Americans struggle to make payments

Por: Fox Business Business March 03, 2023

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Retired American Express CEO and Chairman Harvey Golub discusses how Fed rate hikes and growing inflation are affecting GDP growth on 'Cavuto: Coast to Coast.' A growing number of Americans are falling behind on their car payments, an ominous sign for the as high car prices and persistent inflation strain household budgets.  Car repossessions tumbled in the early days of the pandemic when the government sent $5 trillion in stimulus... + full article



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