Falling behind on car payments? Try this advice from Consumer Reports
Consumer Reports
Making Ends Meet (Copyright 2024 by WJXT News4JAX - All rights reserved.)
Car payments are becoming harder for many families to afford as the cost of groceries, housing, insurance, and other bills continues to rise.
Recent Fitch ratings data show nearly 7% of Americans with lower credit scores were at least 60 days late on their car payments.
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Consumer Reports says if you’re struggling to keep up, the most important thing you can do is act early—before missed payments pile up.
Watch The Morning Show at 7:40 Thursday for important CR advice about the options you can discuss with your lender.
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