New CFPB report reveals that auto buyers take bigger risks with negative equity 🚗💸 #CFPB #AutoBuyers #NegativeEquity
The average car dealership customer with negative equity had a lower credit score, accepted a longer loan term and was more likely to bring a co-signer compared with other vehicle shoppers.
https://www.autonews.com/finance-insurance/cfpb-what-2018-22-car-loans-negative-equity-were