...
Skip to content

Fed: Auto loan demand grows, standards ease (Big Wheels)

Consumer demand for auto loans is growing amid eased credit standards. The net percentage of banks reporting stronger demand for auto loans landed at 5.8 in Q3, compared with -3.8 in Q2 and -10.2 in Q3 2024, according to the Federal Reserve Bank of St. Louis’ data published Aug. 4. The data reflects trends in […]