Off the Lot: Rethinking lending in a post-tariff world
Auto tariffs took effect April 3
Auto lenders need to adjust their approaches amid auto tariffs and sweeping layoffs. Higher-than-anticipated tariffs, as well as the disruption of massive layoffs of government employees and some layoffs in the general economy, affect severity of loss estimates or the ability to pay, which are important components of a lending decision. The public commentary […]
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