Auto Loans, Interest Rates, Subprime, Cash Buyers, Credit: How Are Consumers Holding Up

Money saving and growth concept.


Those who can, pay cash to avoid the interest rates. Subprime credit tightens substantially.

The balance of auto loans and leases rose by 0.8% in Q3 from Q2, and by 4.7% year-over-year, to 1.60 trillion, driven by financing of new vehicles, according to data

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