Dip in Car Loan Interest Rates

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F&I Management & Technology - May 10, 2010

The Fed­er­al Reserve released its month­ly report on con­sumer cred­it for the month of March. Con­sumer cred­it increased at an annu­al rate of 1 per­cent in March 2010. Revolv­ing cred­it decreased at an annu­al rate of 4–1/2 per­cent, and non­re­volv­ing cred­it increased at an annu­al rate of 4 per­cent.