Tag Archives: bad debt write-off

How are General Motors’ financial statements affected by borrowers not making auto-loan payments?

Borrowers who took out new car loans during 2014 are missing payments at the highest level since the recession. Regulators and analysts are beginning to be concerned about the quality of car loans, worrying that borrowers have taken on more debt than they can handle. Overall auto-loan delinquencies are higher now than one year ago, […]

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