Millennials Hit Hard by Inflation and Debt as Car Repossessions and Bankruptcies Surge

• Millennials facing increasing car repossessions, bankruptcy inquiries, especially compared to pre-pandemic levels • Economic pressures like inflation, job layoffs, and high living costs hitting Millennials hard • Billing disputes and credit card defaults rising sharply among Gen X and Millennials • New and used car prices significantly higher since 2020, hurting affordability • Bankruptcies grew 16% in 2022, indicating broader financial challenges for Americans