Consumer Countdown: Ford recalls nearly 1.5M F-150 trucks

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Consumer Countdown: Ford recalls nearly 1.5M F-150 trucks

Wednesday's "Consumer Countdown" features three interesting stories impacting consumers and money.

No. 3

Ford issued a recall Wednesday for three vehicles, including nearly 1.5 million F-150 trucks.

There recall is due to a concern with a possible "loss of vehicle control" and whiplash.

Other vehicles affected in the recall announcement are some Lincoln Continentals and Mustangs.

No. 2

One major consumer watchdog group said Americans are also facing record auto debt.

The money we owe on our cars is at an all-time high, according to U.S. PIRG.

The report blames predatory lending and not enough public transportation options.

No. 1

Do you have credit debt? Most of us have some.

Did you know that almost 30 percent of Americans have more credit card debt than emergency savings, according to www.Bankrate.com.
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