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2021 Will Be A Big Year For Car Repo's


If there s one lingering holdover of 2020 into 2021 - it ll be the expected large number of car repossessions that are expected by experts in the auto industry.  Lending firms and observers of the car industry anticipate that 2021 will see the largest number of car repossessions ever as many struggle to make their car payments.
The problem experts say is that while there has been plenty of help financially for Americans in other ways (unemployment, stimulus money, mortgage harboring), there hasn t been any relief - or leeway - officially provided when it comes to vehicle loans.  According to news sources, that means that many who are unable to keep pace with their payments are potentially exposed to reduced credit scores - or worse - having their cars towed away . ....

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