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Insurance costs burden nonprime borrowers 

Non-Prime Auto Financing Conference 2024 

James Van Bramer

FORT WORTH, Texas — Rising insurance costs are burdening consumers, making it more difficult for borrowers to keep current on their auto payments.  The motor vehicle insurance index rose 1.8% in April, following a 2.6% increase in March, according to the Bureau of Labor Statistics’ latest CPI report released May 15, bringing auto insurance cost up 22.6% […]

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