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Even With Low Unemployment, Borrowers Are Being Rejected For Car Loans

Even With Low Unemployment, Borrowers Are Being Rejected For Car Loans

by Mac Slavo | Dec 17, 2019 | Emergency Preparedness, Forecasting, Headline News

The government keeps telling us that the labor market is strong and unemployment is low. Yet, regardless, borrowers are increasingly being rejected for vehicle loans while consumer debt continues to rise. A Federal Reserve Bank of New York survey of consumer credit...

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