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Why U.S. Car Buyers Are Opting For Insane Loans And Why They Should Stop – Americans are over leveraging themselves to buy new cars like never before, and for too many buyers it’s just a stupid thing to do. Credit rating agency Experian. the average new vehicle auto loan.

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AutoLoans.ca is Canada’s largest specialty auto loan company. We’ll help you get approved for a car loan regardless of your credit.

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Auto Financing Advice for People With Poor Credit. There is no shortage of reasons why modern adults might find themselves in a weak financial position these days. Of course, the most current reasons are the economic downturn, the resultant job loss, and ongoing unemployment. But even before the Great Recession, plenty of people succumbed to.

That’s bad. But used-vehicle prices are strong, rising in 2019, which limits the risk of an off-lease-car-volume shock to the system. What’s more, auto-loan defaults aren’t at concerning levels.

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