US House Reviews PPP Processes, Loan Forgiveness
Two hearings were held to discuss the current status and future recommendations for the Paycheck Protection Program.
The Auto Loan Bubble: Could The Bursting Benefit Your Shop?
In November, it was reported that in the U.S. there is approximately $1.23 trillion in automotive financing debt (traditional loans and leasing) for both new and used vehicles, according to several financial analysts and federal institutions. What is really shocking is that for the past six years, outstanding vehicle debt has risen more than 57 percent. Some people are calling it an “auto loan bubble” that is just starting to burst.
