Car buyers are stretching loans to afford payments — it's a 'potential warning light,' analyst says
A record number of car buyers took out 84-month or longer loans in the third quarter, but rising amounts financed are pushing monthly payments to new highs.
A record number of car buyers took out 84-month or longer loans in the third quarter, but rising amounts financed are pushing monthly payments to new highs. This story matters for Finance & Markets readers tracking trade. Reported by cnbc.com. Read the full original at the source link below.
Originally reported by cnbc.com. Trade-News.com curates and briefs the finance & markets stories that matter. Our editorial policy →
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