05 May 2008
It Looks Like It's Happening With Cars Too
The down payment for cars has decreased, which means that people have less skin in the game, and so defaults on car loans are rising.
Between home, car, and college loans, I think that we may very see walk-aways skyrocketing through society.
Between home, car, and college loans, I think that we may very see walk-aways skyrocketing through society.
Labels:
Economy
,
Finance
,
Transportation
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