Detailed text transcripts for TV channel - MSNBC - 20190213:10:50:00
Americans who are three months or more behind on their car loan payments, according to new numbers out of the federal reserve bank of new joining us live from london, obviously, a troubling number from economists. >> quite an alarming number there. more than 7 million americans are three months behind on their auto loan payments. this is higher than the peak reached in 2010 on back of the financial crisis. it is a big $584 billion jump in total auto loan debt, the highest numbers for the past 19 years or so. big numbers on the debt side of things. many economists say it is a sign some of the l...