Editorials

In our opinion: Extended auto loan terms are a costly mortgage of industry’s future

The traditional credit scoring methods need a shakeup, writes Amitay Kalmar, CEO of financial technology company Lendbuzz.
A number of factors are driving the extension of auto loan terms, such as inflation and the rising costs to make and sell new vehicles. (GETTY IMAGES/ISTOCKPHOTO)
April 24, 2025 12:00 PM