All-Time High Auto Loan Balances: A Positive Outlook for Car Dealers

Here’s the good news: Car sales are up, and car dealers are looking forward to more profitable years ahead. Equifax recently announced the total auto loan balance as of December 2014, in which the credit bureau reported an all-time high auto loan balance of $975 billion, showing a 9.3 percent increase from the same time … Continue reading All-Time High Auto Loan Balances: A Positive Outlook for Car Dealers