News

Americans are drowning in auto loan delinquencies. Report says Congress needs to fix it.

September 10, 2025/

The record number of defaults is a canary in the coal mine for large-scale economic problems, the Consumer Federation of America (CFA) warned.

“Delinquencies, defaults, and repossessions have shot up in recent years and look alarmingly similar to trends that were apparent before the Great Recession,” according to a report by the CFA, which gave USA TODAY an exclusive first look.

Betty Lin-Fisher

USA TODAY


Click here to read the story.

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