#MelindaZabritski
More US Consumers Signing Long-Term Auto Loans
In the past, six-year auto loans were few and far between. Today, more of those loans are being issued, with seven- and eight-year loans gaining popularity.
Experian: Subprime Financing, Delinquencies To Grow in 2014, 100 Month Terms Coming Soon
Just over five years after the Great Recession tightened consumer lending standards on everything from cars to houses, Experian Automotive is forecasting growth in the subprime market for 2014, including longer loan terms and increased delinquencies.
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