Auto Lenders Taking More Risks: Longer-Term, Higher Balances, Lower Quality

“In addition to blaming the lack of creditworthy borrowers, banks are all blaming the rising prices of vehicles as a reason for their disintegrating lending standards.”

Read more: https://www.zerohedge.com/news/2018-06-12/auto-lenders-are-taking-more-risks-extending-terms-more-debt-lower-quality

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