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Capital One Just Wounded The Auto Sales Industry
Manage episode 361327578 series 3294251
Contenido proporcionado por The Economic Ninja. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente The Economic Ninja o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
According to Capital One, the auto sales industry is in trouble and they are no longer offering loans to dealerships as auto finance gets tighter. Capital One cites an increase in delinquencies, high-interest rates, and increasing competition from online lenders as reasons for this decision. This move by Capital One is likely to have a significant effect on the auto sales industry, as dealerships will have to find other sources of financing or face closure. This is a very big deal, as the auto sales industry is a major part of the economy in many areas of the country. We'll update you as soon as we have more information.
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Manage episode 361327578 series 3294251
Contenido proporcionado por The Economic Ninja. Todo el contenido del podcast, incluidos episodios, gráficos y descripciones de podcast, lo carga y proporciona directamente The Economic Ninja o su socio de plataforma de podcast. Si cree que alguien está utilizando su trabajo protegido por derechos de autor sin su permiso, puede seguir el proceso descrito aquí https://es.player.fm/legal.
According to Capital One, the auto sales industry is in trouble and they are no longer offering loans to dealerships as auto finance gets tighter. Capital One cites an increase in delinquencies, high-interest rates, and increasing competition from online lenders as reasons for this decision. This move by Capital One is likely to have a significant effect on the auto sales industry, as dealerships will have to find other sources of financing or face closure. This is a very big deal, as the auto sales industry is a major part of the economy in many areas of the country. We'll update you as soon as we have more information.
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Bitcoin pioneer Charlie Shrem peels back the layers on the lives and backgrounds of the world's most impactful innovators. Centering around intimate narratives, Shrem uncovers a detailed, previously unspoken story of the genesis and evolution of bitcoin, cryptocurrency, artificial intelligence, and the web3 movements. Join Shrem as he journeys through the uncharted territories of tech revolutions, revealing the human side of the stories that shaped the digital world we live in today.
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continue reading
Bitcoin groundbreakers share personal stories of how Bitcoin is changing lives for the better. Host Mauricio Di Bartolomeo, co-founder and CSO of Ledn, speaks with leading Bitcoin voices, entrepreneurs, and human rights advocates to hear their unique journey and practical real-world examples of how Bitcoin has made a positive impact in their lives. Brought to you by Ledn, a leading financial services company built for Bitcoin & digital assets. Ledn offers a suite of lending, saving and tradi ...
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continue reading
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continue reading
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continue reading
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