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Six million borrowers are behind on car payments. Housing bubble redux?

December 2, 2016/

Increasingly risky auto lending practices worry the Federal Reserve Bank of New York. Still, some economists say we aren’t in a crisis situation just yet.

Americans both with good credit and bad owe $1.135 trillion to auto lenders.

By Lonnie Shekhtman

Full Story: http://www.csmonitor.com/Business/2016/1201/Six-million-borrowers-are-behind-on-car-payments.-Housing-bubble-redux

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