More than $4 billion in securitized auto loanswere granted lender extensions in March, as car owners struggled with keeping up with their payments ... LEARN MORE
S&P: Auto loan extensions exceeded $4B in March
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See AllBy Kyle Heintschel Regional Sales Manager Capital is the lifeblood of all buy here-pay here (BHPH) operations, and current economic conditions have made getting a cash infusion an expensive propositio
Used car values slumped nearly 7 percent in the third quarter of 2022, according to Cox Auto, and at the same time, consumers are being stretched thinner when it comes to their monthly budgets. It doe
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