News@lemmy.worldEnglish · 1 year ago

An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

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An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 1 year ago

161

Car loan debt has ballooned, delinquencies are still rising, and major lenders are leaving the market. Is an auto loan debt crisis coming soon?

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Patches@sh.itjust.works
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1 year ago
The people who couldn’t pay their car note in the first place usually ain’t the type making a shit ton of money. They probably pay little taxes if any.

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