Americans Crushed By Auto Loans As Defaults And Repossessions Surge | NYGazet

Consumer group calls for congressional action as drivers fail to keep up with the cost of running cars

Many Americans love the feeling of driving a new car, but the price of that thrill is pushing household budgets to the edge. Auto loan delinquencies are spiraling, the nation now owes a staggering $1.66 trillion in auto loans, and some figures show s... [2461 chars]