Savings-backed auto loan could cushion financial uncertainty (Under the Hood)
Affordability concerns are sparking consumer hesitancy
With consumer confidence dragging and cash-strapped shoppers expected to reel in holiday spending, an auto loan with a savings component may ease uncertainty and attract car buyers on the fence about making a purchase. The Conference Board’s Consumer Confidence Index dropped to 94.6 last month, its lowest level in six months. The index has been […]
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