Borrowers took out $101 billion in car loans over the past year, outstripping the pace of growth for other kinds of consumer debt, according to figures released by the Federal Reserve Bank of New York.
Borrowers took out $101 billion in car loans over the past year, outstripping the pace of growth for other kinds of consumer debt, according to figures released by the Federal Reserve Bank of New York. Carlos Osorio The Associated Press
Borrowers took out $101 billion in car loans over the past year, outstripping the pace of growth for other kinds of consumer debt, according to figures released by the Federal Reserve Bank of New York. Carlos Osorio The Associated Press

Amid looser credit, car loans continue to pile up

August 14, 2015 04:13 PM

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