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Fed: Auto loan demand weakens, standards same (Big Wheels)

Net percentage of banks reporting stronger demand at -12.8 

Amanda Harris

Consumer demand for auto loans fell in the third quarter as credit standards were largely unchanged.   Demand weakened on a sequential basis but was stronger year over year. The net percentage of banks reporting stronger demand for auto loans was -12.8 in Q4 compared with -10.4 in Q3 and 24.4 in Q4 2023, according […]

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