Category: car news

21 Sep

Car loan losses hit six-year high, says Fitch Ratings

Article by Clancy Yeates Photo: Nic Walker Published in the Sydney Morning Herald September 6th 2016 Car loan losses hit six-year high, says Fitch Ratings Banks’ loan losses from car financing have risen to a six-year high, new figures show, as the patchy labour market and the mining slump causes more borrowers to fall behind on their payments. Fitch […]