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03.21.23 Auto Loan Debt Burden / Tech Product End-Of-Life Policies

The Clark Howard Podcast

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How to Avoid a Repossession on Your Vehicle

A repossession is the worst of all possible situations, forget how it trashes your credit. The real problem is that when a vehicle is repode, it ends up being disposed of by the lender way below wholesale value. If you're thinking of buying a new-do-you vehicle or a brand new vehicle and the current one you have is working fine, keep driving the one you've got for now.

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