Posts
Click to enlarge.
How much debt is too much? We'll find out someday if we keep hugging the bottom of that trend channel.
October 28, 2013
More new-car buyers opt for 7-year loans
More new-car buyers are stretching out their loan payments as long as possible — as many as seven years — and experts wonder if the trend is another financial time bomb.
Source Data:
FRB: Historical Motor Vehicle Loans
St. Louis Fed: Compensation of Employees: Wages & Salary Accruals
No comments:
Post a Comment