Experian’s Melinda Zabritski says record-high auto loan amounts and monthly payments have more customers choosing to buy used vehicles or lease new vehicles. As interest rates continue to rise, so will monthly payments, she adds.
Experian’s Melinda Zabritski says record-high auto loan amounts and monthly payments have more customers choosing to buy used vehicles or lease new vehicles. As interest rates continue to rise, so will monthly payments, she adds.