Rising Interest Rates Fuel Surge in Car Repossessions Across the United States
The automotive industry in the United States is facing a double-pronged challenge as rising interest rates and a slowing economy are leading to a surge in car repossessions. According to recent data from Equifax, auto loan delinquency rates have climbed to their highest level in more than a decade, with nearly 2.3 million borrowers now […]
Benefits of becoming a Turo host
Discover How the Turo Master Class Can Transform Your Income and Lifestyle Are you tired of the traditional 9 to 5 routine and seeking a way to generate semi-passive income? Look no further! The upcoming Turo Master Class is your gateway to a new realm of financial freedom and flexibility. What is Turo? Turo […]
Plummeting Used Car Values: A USD Perspective on the Market Shake-Up
In recent news, used car values in the United States have continued to decline, dropping by 1.5% on average after a significant 4.2% decrease in October, marking the most substantial monthly drop in over a decade. The average value of a three-year-old car with 60,000 miles on the odometer decreased by $1,130 in October. […]
Building Financial Resilience: The Imperative of Multiple Income Streams in an Era of Inflation
Inflation, the gradual increase in the prices of goods and services over time, has been a constant economic phenomenon. However, recent years have seen a surge in inflation rates, posing a significant challenge to the financial well-being of individuals and families across the United States. High inflation erodes the purchasing power of money, making it […]
The Growing Financial Precarity: Rising Foreclosures and Car Repossessions
In recent years, a troubling trend has been emerging across the United States. The number of foreclosures and car repossessions is on the rise, and it’s a stark reminder of the financial challenges many Americans are facing. Despite economic growth in various sectors, a significant portion of the population finds themselves perched on the edge […]
The Impact of Soaring Interest Rates on American Purchasing Power
In recent times, the financial landscape for prospective car buyers in the United States has experienced a significant and unwelcome shift. The average auto loan rate has surged to levels not witnessed in over four decades, sending ripples through the car-buying market. With both new and used car loans becoming notably more expensive, the […]
Auto Loan Interest Rates Soar to 40-Year Highs
In a shocking turn of events, the average interest rate for auto loans have hit levels not witnessed in four decades, making the pursuit of new and used cars a considerably more expensive endeavor. Unfortunately, there’s no immediate relief in sight, as we explore the latest data from Cox Automotive to gain a deeper understanding […]
UAW Strike Forces GM and Ford to Furlough an Extra 500 Workers
UAW Strike Forces GM and Ford to Furlough an Extra 500 Workers In a recent turn of events, the United Auto Workers (UAW) strike has had ripple effects on two major automotive giants, General Motors (GM) and Ford, causing them to furlough an additional 500 workers. The strike, which has been ongoing for several weeks […]
Tips for Engaging your Prospects on Facebook
Like it or not, social media is a part of the present and looks like it will be part of the future, as well. If you have a company or business of any kind, then you probably already know that it is time to figure out the best way to market your business on social […]
5 Ways to Generate Fresh Ideas for New Products
Maybe you’ve heard that there’s nothing new under the sun. That may or may not be true but it will depend on you and your creative juices. In order to find new ideas for products that your customers will love, you don’t have to reinvent the wheel – just discover unique ways to make it […]