Car affordability affecting auto lending market, study shows

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Credit Reporting Agency,Federal Reserve,Loan Payments

U.S. consumers are continuing to hold back on big-ticket purchases and being careful with their spending amid inflationary pressures and the Federal...

- A study on loans for buying automobiles in the United States has found that weaker consumer budgets are negatively impacting loan payments for some borrowers, credit reporting agency TransUnion said on Thursday.U.S. consumers are continuing to hold back on big-ticket purchases and being careful with their spending amid inflationary pressures and the Federal Reserve's monetary policy path.

A new report from CIBC shows how some Canadians are managing to buy their first homes. It turns out they're not paying for all of it themselves. Nathaniel Dove looks at where the money is coming from and how much people are getting. -- In many parts of China, the warehouses and industrial parks that used to be a magnet for international investors are grappling with a surprising slowdown in business activity.

 

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