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Auto loans are a driver of the expansion, but might be running out of gas – Fabius Maximus (blog)

loans - Google News Apr 1st, 2014 Loans.



Auto loans are a driver of the expansion, but might be running out of gas
Fabius Maximus (blog)
November's post pointed to a disturbing Bloomberg article about auto loans: “Good Job Is Good Enough as Subprime Car Buyers Lift Sales“. Car loans are being made with an average maturity of 62 months and high loan-value levels (80%), so that a high ...

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