The Period of Incentive-Distorted Shopper Lending Is Over: Auto Loans, Delinquencies, Prime and Subprime

Auto-loan balances enhance at skyrocketing costs regardless of falling gross sales. Crime rises to pre-pandemic ups and downsSubprime delinquencies returned to 2016-2019 ranges. By Wolf Richter for Wolf Avenue. The steadiness of auto loans and leases continued to develop in Q3, though new car gross sales in Q3 have been at a degree not seen … Read more