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Are car repos way up in the area where you live??

dreherdreher Member Posts: 8,786 ✭✭✭✭
in General Discussion

I have heard on talk radio that car loans are defaulting in record numbers. I have read about this several times on line.

All I know for sure is that South Carolina's economy is very good and that car repos are running a little lower than normal according to a friend that works at a local credit union that does a lot of car loans.

I've also heard that the housing market is slowing up in many parts of the country but it sure isn't here in S.C.

Here building is booming whether it is homes, apartment buildings or stores like TSC, Home Depot, Lowes etc. This is backed up by my son who does overtime almost every week running his track hoe for his construction company.

I'm just being curious what things are like in other parts of the country.

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