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New car and truck loans have ballooned to an average of 5 1/2 years from four to five years not long ago, allowing buyers to afford more expensive vehicles and fulfill their urge to drive the newest thing now, reported The Detroit News. Auto industry analysts say that longer term auto loans — some for ... Read More »
Read More →The repo man is getting very busy as a growing number of car and truck owners are struggling to make their monthly auto loan payments, reported NBC News. Experian, which analyses millions of auto loans, said Wednesday that the percentage of those loans that were delinquent or ended up in default with the vehicle being ... Read More »
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