As banks make it more difficult to get any loans, the motor loan industry is definitely in the midst of a decline. More people are concerned about losing their homes and they are defaulting on their motor loans in an effort to make higher payments on their mortgages. The amount of those seeking a new […]
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Motor Loan Delinquencies Going Up
Posted on April 2nd, 2008 by Bright Light
As more homeowners struggle to hang on to their homes, motor loans delinquencies are on the rise. For many, the choice between keeping their home or their cars has led them to decide that their homes are much more important. “We’ve been watching this over the past several years, and auto loan delinquencies have been […]
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