3/19/2015 – More Americans Opt for Risky Long-Term Car Loans (NPR)

Mar 19, 2015 Comments Off by

Six-year car loans used to be in the minority. They’re now the norm and loans of seven or eight years are even becoming popular. New car sales in the U.S. are booming and longer car loans are playing a role. Nearly a third of new loans are now 74 months or longer. But some worry the trend will hurt the auto industry in the future. Others worry it’s hurting consumers right now.

Read the full article at NPR.

Financial Landing 2015

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