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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?

To: John Vosilla who wrote (1895)	2/27/2019 1:25:55 AM
From: Elroy Jetson	Respond to of 2508

The 2.7% default rate on autos is not at an all time high. Not even close. There's a huge global over-capacity among automakers. To maintain their sales, automakers are wiling to make loans to young people that others are unwilling to make. The default rate on auto loans, made by automakers, has risen among borrowers under 30. These are probably cars that should not have been sold to these young buyers in the first place.