Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 2 years ago

An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

279

An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 2 years 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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2 years 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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    2 years ago
    Definitely they should.
  - CmdrShepard@lemmy.one
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    2 years 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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