Surging interest rates ‘barrier to the American dream’: Former investment banker
Carol Roth, a former investment banker and author, argues a ‘confluence of factors’ pricing first time home buyer out of the market.
Hertz CEO Stephen Scherr pledged to tackle the spate of false arrests his company allegedly filed against customers.
"Hertz cares deeply about our customers, and successfully provides rental vehicles for tens of millions of travelers each year," a Hertz spokesperson told FOX Business. "As we have said, the vast majority of these claims involve renters who were many weeks or even months overdue returning vehicles and who stopped communicating with us well beyond the scheduled due date."
US ELECTRIC-VEHICLE TAX CREDITS ENDING FOR NEW TOYOTA BUYERS
Some 165 customers as of Nov. 2021 had claimed that police tried to arrest them because Hertz had reported the vehicle stolen. That number rose to over 230 by Mar. 2022, according to USA Today.