08-07-2017 08:00 via theguardian.com

Will cheap car loans steer Britain to a financial crash?

The car-led consumer credit explosion must be controlled, perhaps by bringing in affordability rules as with mortgagesIf you think Britain is teetering on a cliff-edge of impossibly high personal debt, then the website of The Car Finance Company will confirm your worst fears. Maybe you don’t have a job and are on benefits. Maybe you are so hard up you can’t afford to put down a penny in deposit. Maybe your credit history is littered with arrears notices. Don’t worry – you
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