Car Loans—The Next Meltdown? »
By Brett Weiss, Esq. on Apr 20, 2008 in Auto Loans | 0 Comments
An article in today’s Washington Post, "Running on Empty," talks about the rising tide of national auto loan delinquencies.
According to the article, the percentage of car loans that are 30 days or more late for the 4th quarter in 2007, 3.1%, is the highest level in 17 years…and the trend line is accelerating. Why are [...]
