Auto Loan Defaults Are Rising: How To Protect Your Car and Credit

Auto loan delinquencies and repossessions are climbing fast, according to the Consumer Federation of America, fueled by inflated car prices, long loan terms, higher rates and weakened regulatory oversight. Be Aware: I’m a Car Expert: 3 Luxury Cars That Cost More To Fix Than They’re Worth Read Next: 7 Ways To Tell If You're Rich or Middle Class -- It's More Than Your Paycheck Missed payments don’t just threaten your vehicle — they can damage your credit, pile on fees and make future borrowing more expensiv ...