Credit card and car loan defaults hit 10-year high as inflation squeezes families

 Credit card and Car loan defaults hit 10-year high as inflation squeezes Families

The New York Post is reporting that credit card and car loan defaults have hit a 10 year high, due to inflation and other economic issues. Will personal bankruptcy filings increase in near term? Very likely

The article can be found at https://nypost.com/2023/09/04/credit-card-and-car-loan-defaults-hit-10-year-high-as-inflation-squeezes-families/?utm_source=gmail&utm_campaign=android_nyp

Jim Shenwick, Esq  917 363 3391  jshenwick@gmail.com 

Please click the link to schedule a telephone call with me.

https://calendly.com/james-shenwick/15min

We held individuals & businesses with too much debt!