May 15, 2024・Original Analysis
Soaring Inflation is Making Home & Car Insurance Unaffordable
American car owners are facing a wall of bad debt to finance vehicles they can’t afford — especially pandemic buyers who took on huge loans to buy overpriced used vehicles that are now depreciating in value. With inflation running hot and poised to get even hotter if the Fed is forced to cut rates, it turns out that Americans can’t afford to insure those cars […]