The used-car market’s hot streak may be ending as borrowers struggle to make payments and regulators say some auto lenders are “setting up consumers to fail.”
Meh. Should we continue on the same trajectory it’ll be fine. There will be some increases in details but for the most part unemployment is low and you aren’t dealing with ARM loans so it’s not like payments are going to skyrocket.
If there’s a little hiccup in the economy people may decide their car note isn’t as important as food, especially if they lose their job and no longer need to get to work.
I literally covered that as clearly as night and day. Of course if unemployment changed its trajectory people would have issues. This is a whole nothingburger to drive clicks.
Meh. Should we continue on the same trajectory it’ll be fine. There will be some increases in details but for the most part unemployment is low and you aren’t dealing with ARM loans so it’s not like payments are going to skyrocket.
If there’s a little hiccup in the economy people may decide their car note isn’t as important as food, especially if they lose their job and no longer need to get to work.
I literally covered that as clearly as night and day. Of course if unemployment changed its trajectory people would have issues. This is a whole nothingburger to drive clicks.