Marketplace®

Daily business news and economic stories

Are long-term auto loans a bad deal?

Marketplace Economics Correspondent Chris Farrell explains why long-term auto loans, which are boosting car sales, could be a bad deal for borrowers.

One business sector that has been turning out very strong earnings reports recently is the auto industry. Last month, Chrysler, GM and Ford had their best month of sales in 5 years.

But not everybody thinks the upturn is purely a good thing. Marketplace Economics Correspondent Chris Farrell joins Morning Report host Jeremy Hobson to explain why long-term auto loans, which are boosting sales, could be a bad deal for borrowers.

Related Topics

Latest Episodes

View All Shows
  • Million Bazillion
    in 6 hours
    31:13
  • Marketplace Tech
    21 minutes ago
    6:10
  • Marketplace
    12 hours ago
    25:59
  • Make Me Smart
    16 hours ago
    19:16
  • Marketplace Morning Report
    20 hours ago
    6:49
  • How We Survive
    11 days ago
    16:54
  • This Is Uncomfortable
    2 months ago
    37:19
  • Financially Inclined
    2 months ago
    12:30
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58