Name: Car loan defaults are still in the first inning(it will get way worse!!!)
Uploaded: 2022-11-22T20:00:09+00:00
Duration: 10 min 50 s
Description: Loan to Value on vehicles went parabolic in 2021. People were also able to delay their payments and use their stimulus payments as income. This meant epic amounts of debt that now has to be paid back.

1 year ago

Loan to Value on vehicles went parabolic in 2021. People were also able to delay their payments and use their stimulus payments as income. This meant epic amounts of debt that now has to be paid back.

https://www.automoblog.net/auto-loan-default-rates/

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