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Auto Loan Balances Exceed $900 B for First Time in History

2014-08-02 01:03:16| AutomotiveDigest.com - Automotive Industry News

According to the latest Equifax National Consumer Credit Trends Report, the total balance of auto loans mid-way through 2014 is $902.2 billion, a record high and increase of more than 10% from the same time a year ago. In that same time, the total number of auto loans outstanding is more than 64 million. Read What Dennis Carlson, Equifaxs Deputy Chief Economist says about this. GET DETAILS _________________________________________________ The Article Auto Loan Balances Exceed $900 B for First Time in History appeared first on Automotive Digest.

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