The Traderszone Network

Published in TZ Latest News 21 February, 2015 by The TZ Newswire Staff

Subprime Car Loan Bubble 2.0 Full Frontal

With the total balance of auto loans for new and used vehicles approaching $1 trillion in the U.S., the folks at Experian want you to know that no matter what the numbers say, there’s no speculative bubble forming in the industry. Just ask Melinda Zabritski, the group’s director of automotive finance, who is quick to dismiss the growing chorus of Chicken Littles who are concerned about subprime auto lending:

read more