Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 1 year ago

An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

244

An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 1 year ago

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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CADmonkey@lemmy.world
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1 year ago
The other answer, from someone who used to buy beaters - you learn real fast what not to buy.
- trash80@lemmy.dbzer0.com
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  - CADmonkey@lemmy.world
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    1 year ago
    Definitely they should.
  - CmdrShepard@lemmy.one
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    1 year ago
    The Magnuson Moss Warranty Act has given people the right to repair cars since the 1970s. Most people just don’t have the skills, time, or tools to fix them on their own.

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