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Many Cash-for-Clunkers Buyers Have Higher Repo, Late Payment Rates

 FROM USA TODAY: Higher credit risk buyers who used the government’s cash-for-clunkers program last year to buy a new car had higher repossession and late payment rates than those who didn’t use the program, a research firm finds.

Those motorists also had higher levels of buyers’ remorse, says the firm, CNW Research. MORE»

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