However, lending restrictions are less stringent in
the auto loan industry, so it's a bit easier for consumers to take out this kind of loan.
Trillions of dollars in student and
auto loan industry (auto loan now has subprime loans, just like back in 2007/2008 with the housing market) could cause the market to come crashing down again.
However, lending restrictions are less stringent in
the auto loan industry, so it's a bit easier for consumers to take out this kind of loan.
Further to this, general consumer knowledge in
the auto loan industry was revealed to be lacking according to a recent survey.
According to a recent Nasdaq report,
the auto loan industry reached a record high of $ 1.1 trillion in outstanding auto loans in the third quarter of 2017.
While rates will most likely rise again, for now these low figures coupled with the growing economy make it unlikely that
the auto loan industry will experience any major loss in the immediate future.
Trillions of dollars in student and
auto loan industry (auto loan now has subprime loans, just like back in 2007/2008 with the housing market) could cause the market to come crashing down again.
We've brought that same great comparison shopping experience to
the auto loan industry.»