Carmageddon: The Downshifting of America’s Auto Industry
Gonzobanker
AUGUST 15, 2017
According to an estimate by Boston Consulting Group, “One-quarter of miles driven in the U.S. The fallout from this easy lending has started inspiring lenders to pull back the reigns. The recovery rates on unpaid balances from prime loan reposessions have dropped from 65% in 2011, to 56% in 2014, to 51% curently.
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