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re: The coming automobile market collapse and what it means
Posted on 7/24/22 at 3:41 pm to anc
Posted on 7/24/22 at 3:41 pm to anc
The banks want have an issue as much as the lenders. Big banks l require more verification and higher credit scores for their car loans. Banks are also regulated much heavier as depository institutions. Lenders specifically auto loan lenders have very little regulation. Their fall will be quick with no bail out. The customers will burden the most of the damage.
Posted on 7/24/22 at 4:03 pm to hawkeye007
quote:
with no bail out.
I'll believe that when I see it.
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