Sage Investment Club

Americans Are Struggling To Pay Car Loans

By ZeroHedge – Jan 21, 2023, 2:00 PM CST Severely delinquent car loans are reaching the highest rate since the financial crisis of 2009. Cox Automotive:  loans delinquent by more than two months increased by 5.3% and jumped 26.7% from a year ago. Cox Automotive said even though an increasing amount of people are […]

The ‘Buy Now, Pay Later’ Bubble Is About to Burst

As familiar as Americans are with the concept of credit, many of us, upon encountering a sandwich that can be financed in four easy payments of $3.49, might think: Yikes, we’re in trouble.Putting a banh mi on layaway—this is the world that “buy now, pay later” programs have wrought. In a few short years, financial-technology […]