Home Loans Average monthly new-vehicle loan payment hits $761 in June

Average monthly new-vehicle loan payment hits $761 in June

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Consumers are slowing purchases and auto lenders are tightening credit standards as auto loan delinquencies and monthly payments continue to climb. The amount of auto loans that were 60-plus days past due hit 1.41% in May, up .02 percentage points year over year, according to an Equifax webinar on July 17. Lenders are tightening their […]



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