Auto Loan Balances And Subprime Delinquency Rates Are Not Looking Good | The Economic Ninja

The Economic Ninja talks about the auto loan balances and subprime delinquency rates not looking good

The Economic Ninja talks about how many people are borrowing more money to buy cars, even though their earnings aren’t rising as fast. Cars, especially used ones, are getting pricier. This means bigger loans. But interestingly, the money owed for car loans is a smaller part of people’s income now than before the pandemic. …Learn More, Click The Button Below.

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