Q3 Ally Car Loan Applications Down But Value Unchanged
CEO acknowledges that greater market woes may be on the horizon.
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CEO acknowledges that greater market woes may be on the horizon.
As auto loans and credit apps rise, it appears Americans are more willing to take on debt.
TransUnion study finds borrowers used auto loan deferments as a safety net during the COVID-19 crisis.
Edmunds says the average APR for a U.S. new-vehicle loan was 6.36% in March, putting dealers and consumers on the cusp of a ‘dramatic shift’ toward the used-car market.
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