U.S. government worried about risky car loans

Ford CEO to Trump: ‘We’ve created 25,000 U.S. jobs since 2011’

The explosion of auto lending may be starting to hit the skids.

A top banking regulator warned that the $ 1 trillion car loan industry has gotten more dangerous. The Office of the Comptroller of the Currency cited “unprecedented” growth in auto loans, rising delinquencies and shrinking used car values.

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