Car loan debt has ballooned, delinquencies are still rising, and major lenders are leaving the market. Is an auto loan debt crisis coming soon?
  • Nobody@lemmy.worldEnglish
    544·
    10 months ago

    People in power will squeeze and squeeze. They’ll crank up the interest rates. They want you to default on the equity. Take your payments and your car. That’s how they make their money.

      • Mac@mander.xyz
        72·
        10 months ago

        I understand the sentiment but please leave us decent cars on the used market.