Canadian Borrowers Seeing More Loan Debt While U.S. Sees Subprime Loans Rise

Car buyers who borrowed money to finance their purchase are seeing higher loan debt per borrower rates, along with higher delinquency rates. And it's happening on both sides of the border. Let's start with Canada. Automotive News picked up a report from TransUnion showing that average auto-loan debt per borrower has gone up in the […] The post Canadian Borrowers Seeing More Loan Debt While U.S. Sees Subprime Loans Rise appeared first on The Truth About Cars. from The Truth About Cars http://ift.tt/Jh8LjA