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Outstanding auto-loan balances just hit a new record and delinquencies are on the rise — should you be concerned?


Automobile-loan delinquencies are at a record high, but experts say this may not impact your ability to get a loan for your car purchase.

In the fourth quarter of 2019, the outstanding balance on automobile loans and leases hit a record high of $1.33 trillion, according to data from the New York Federal Reserve,…


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