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5
Auto Loan limitation? $50k
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Did I miss some kinda announcement?
I went to apply for a car loan and it was limited to $50k online. I called USAA and they said its "in anticipation of a recession" and they were no longer giving auto loans over $50k??
To me this screams of financial trouble. Seems to me that if it was recession or economy related they underwriting criteria would get stricter, not just an arbitrary loan limit.
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