Blog: Sub-prime car loans returning in a big way
Glenn Brooks | 23 July 2012
During the first quarter of this year, US car loans totaled $52.5bn. That's 49% higher than the same period in 2009, the recession's low point, according to Equifax's National Consumer Credit Trends report.
The preceeding paragraph comes from a report in today's Detroit News.
If you're of a nervous disposition, look away now, but if you're brave enough to want to know what's going on in the sub-prime vehicle loan market, click here.
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