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.

This entry passed through the Full-Text RSS service – if this is your content and you’re reading it on someone else’s site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.
Recommended article from FiveFilters.org: Most Labour MPs in the UK Are Revolting.

Latest stock market news from Wall Street – CNNMoney.com

You May Also Like