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Used Car Rush Poised to Cut Auto Loan Recoveries, Moody’s Says
From Bloomberg: Used car rush poised to cut auto loan recoveries, Moody’s says. Recoveries on defaulted auto loans are poised to decline this year as an influx of used vehicles…
Sales and FinanceAuto Loans Bring Growth, and Scrutiny, for Banks
Auto loans bring growth, and scrutiny, for banks, according to The New York Times. Car loans may be a boon to banks experiencing lackluster mortgage demand, but automobile lending has…
Sales and FinanceUsed Car Buyers Face Higher Prices
Used car buyers face higher prices, according to GFORCES. Motorists may face higher prices for used cars in the coming weeks as used car dealers face rising wholesale values, according…
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