Auto-Loan Rejections Are Up as Fed Keeps Raising Interest Rates - GV Wire
Steadily rising auto loan interest rates have elbowed many would-be buyers out of the market.
Source: gvwire.com
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Car buyers bear a heavy burden as Federal Reserve keeps...
The Federal Reserve’s expected move Wednesday to raise interest rates for the 11th time could once again send ripple effects across the economy
Source: accesswdun.com
Car buyers bear a heavy burden as Federal Reserve keeps raising rates
NEW YORK — The Federal Reserve’s expected move Wednesday to raise interest rates for the 11th time could once again send ripple effects across the economy. Mortgage rates, which have surged since the Fed began lifting rates in March 2022, could rise further. So could rates on credit cards and
Source: triblive.com
Auto loan rejections are up as Federal Reserve keeps raising rates
Mortgage rates, which have surged since the Fed began lifting rates in March 2022, could rise further. So could rates on credit cards and some business loans.
Source: pressherald.com
Car buyers bear heavy burden as Federal Reserve keeps raising rates: Auto-loan rejections are up
A study by the New York Federal Reserve has found that 14% of applicants for auto loans were rejected over the past year, up from 9% in February.
Source: cumberlink.com