Kelley Blue Book: Car repos are on the rise, thanks to record-high monthly payments, recession warnings

Kelley Blue Book: Car repos are on the rise, thanks to record-high monthly payments, recession warnings

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Car repossessions have grown less common in the past two years, but those days may be over. Credit rating agency Fitch Ratings says repossession rates have nearly returned to pre-pandemic levels. Some analysts fear they could grow from there. For the lowest-credit consumers — those who make up the…

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