An Auto Loan Debt Crisis Looks Imminent

Car loan debt has ballooned, delinquencies are still rising, and major lenders are leaving the market. Is an auto loan debt crisis coming soon?

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161 comments

People in power will squeeze and squeeze. They’ll crank up the interest rates. They want you to default on the equity. Take your payments and your car. That’s how they make their money.
- Have to be sure they don't repo a running usuable car, then.
  
  I understand the sentiment but please leave us decent cars on the used market.

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