Premium Only Content

Auto Loan Delinquencies Kickstarts Repo Crisis
Millions of Americans grapple with the unexpected challenge of managing their car payments, with far-reaching implications for the economy, job market, and lending standards. Rising new car costs and delinquent payments are at the core. Many consider returning their cars as loans surpass their vehicles' values. We reflect on the 2008 financial crisis when car prices were considerably lower. Now, the auto loan crisis is peaking, prompting major automakers like GM, Ford, and Tesla to cut prices.
This crisis extends to the student loan dilemma, with borrowers facing challenges and the looming threat of Social Security garnishment. To navigate this financial turmoil, individuals have three options: increase income, return the car, or cut expenses. As this situation ripples through the economy, it impacts job markets, real estate, and lending standards. It's vital for everyone to proactively manage their finances in these challenging times.
Grab a copy of my book:
https://partsmanagerpro.gumroad.com/l/qtqax
"The Parts Manager Guide" - https://www.amazon.com/Parts-Manager-Guide-Strategies-Maximize-ebook/dp/B09S23HQ1P/ref=sr_1_4?crid=3UZYOGZJUNJ9K&keywords=parts+manager+guide&qid=1644443157&sprefix=parts+manager+guid%2Caps%2C244&sr=8-4
Please remember to like, share and leave your comments.
Videos are uploaded weekly.
Visit my website for more!
https://www.partsmanagerprof.com/
If you want me to continue making videos like these, please donate to our paypal account: paypal.me/partsmanagerpro
Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use. No copyright infringement intended. ALL RIGHTS BELONG TO THEIR RESPECTIVE OWNERS*
This video is for educational and entertainment purposes only.
-
6:32
Automotive Reviews
5 months agoToyota Is Trying To Ruin Themselves
37 -
LIVE
Tundra Tactical
1 hour ago $1.18 earned🔥 NFA Hypocrisy EXPOSED: the Senate Just Screwed Gun Owners (Again) | Tundra Nation Live Roast 🔥
1,261 watching -
LIVE
DLDAfterDark
1 hour agoDLD Live! Red Dawn Readiness! HPA & Short Act Updates - T Rex Arms - Guns Gear & God
312 watching -
LIVE
BubbaSZN
2 hours ago🔴 LIVE - DAY 5 OF THE FORTNITE SUMMER EVENT W/ CATDOG
299 watching -
DVR
Man in America
8 hours agoMEP Christine Anderson EXPOSES the SINISTER Plan for Global Slavery—and How We FIGHT BACK
23.2K10 -
LIVE
BlackDiamondGunsandGear
4 days ago🔴 AFTER HOURS ARMORY / HPA and SHORT ACT DOA?
118 watching -
LIVE
Culturama Podcast
1 hour agoSaturday Gaming Stream!
45 watching -
LIVE
OhHiMark1776
4 hours ago🟢 06-28-25 ||||| You Rang? ||||| Elden Ring (2022)
73 watching -
46:55
The Connect: With Johnny Mitchell
12 hours agoInside A Mexican Sicario Training Camp: How The Jalisco New Generation Cartel Trains It's KILLERS
2591 -
LIVE
Etheraeon
6 hours agoWorld of Warcraft: The War Within | Timewalking + Battlegrounds | New Emojis Added!
60 watching