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Marketplace Morning Report

Consumer Financial Protection Bureau warns of longer-term car loan risk

Aaron Schrank Nov 7, 2017
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There’s been a big increase in the number of long-term car loans purchased by U.S. drivers in recent years, according to a recent report by the Consumer Financial Protection Bureau. Longer-term loans mean smaller monthly payments for borrowers, but they also mean more risk. 

Click the audio player above to hear the full story. 

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