CPA Financial Musings: More Americans can’t make their car payments

So a lot of  Americans are having trouble making their car payments in this study released by TransUnion.  See the full story in MarketWatch by Catey Hill:

http://www.marketwatch.com/story/more-americans-cant-make-their-car-payments-2014-11-24

There is a small silver lining in these numbers – although on the rise, they are a lot less than a few years ago.  With over 5 million more auto loans in the last year, Transunion spokesman Peter Turek doesn’t feel there will be any changes in lending practices as a result of this study’s information.

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