Source: Loan Digest (loandigest.net)
Here's an idea everyone. Read the article first - and then share your opinion on my this is so.
Car dealers offered loans to pretty much anyone who was employed regardless of income level or past bad credit issues.
Not an indicator of economy downswing, but another indicator some continue to live beyond their means. Just like it wasn't just irresponsible lending that caused the housing market crash; it was also people buying homes they knew they could not afford.
Thank you realDonaldTrump! MAGA
That’s why I own my cars
Why weren’t repo’d on day 31?
If we couldn't borrow money, things wouldn't cost so much.
That’s because wages have stayed relatively flat since 2008 and most American consumers have a poor and flawed concept of money.
There's probably at LEAST Ten million more people paying car payments, than ten years ago!
But the stock market! Or something
Car manufacturers have to move inventory or stock gets (even more) backed up.
Yikes.
That’s what happens when you live with your mom, but you drive an Escalade.
Because people love to drive cars they can’t afford
Wow! The economy is great though, right?
Hello. everyone's broke.
Crash crash crash another financial crash 🖕🖕
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