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Auto outstandings climb 8% YoY in Q3 

Vehicle debt is the third largest consumer debt category in the U.S. 

Amanda Harris

Auto loan outstandings increased 8% year over year in the third quarter.  Motor vehicle loan outstandings clocked in at $1.4 trillion in Q3, an increase of 2.3% sequentially and up 7.5% YoY, according to data from the Federal Reserve Bank of St. Louis released Monday. Auto loan outstandings have consistently climbed since 2010, driven by […]

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