Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 1 year ago

An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

cross-posted to:
collapse@lemmit.online

274

An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 1 year ago

cross-posted to:
collapse@lemmit.online

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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LifeOfChance@lemmy.world
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1 year ago
Ya but usually to justify doing large jobs like these you gotta weigh out how much your repairs are annually and if you put more work Into a car a year than the cost of a car payment per year it use to be betrer to just get another car.

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