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Law Library Continuing Services Webpage, May 2021, University Of Georgia Law Library
Law Library Continuing Services Webpage, May 2021, University Of Georgia Law Library
COVID-19 Pandemic Archive
This screenshot was the final version of the Law Library's COVID-19 Continuing Services webpage. First published on Friday March 13, 2020 as we prepared for our first week of building closure at the onset of the pandemic, it was the primary location of our library's facility hours, pandemic services, and closure information through Spring 2021. This version shows the way the webpage looked on the date it was unpublished May 17, 2021.
Bursting The Auto Loan Bubble In The Wake Of Covid-19, Pamela Foohey
Bursting The Auto Loan Bubble In The Wake Of Covid-19, Pamela Foohey
Scholarly Works
Before the COVID-19 pandemic, auto loans outstanding in the United States had soared to record highs. The boom in lending spanned new and used cars and traditional and subprime loans. With loan delinquencies also hitting new highs almost every quarter, predictions that the auto lending market could burst soon abounded. When the economy came to a grinding halt and unemployment skyrocketed in the wake of the pandemic, auto lenders knew they were facing a crisis. Throughout 2020, auto lenders granted more payment forbearances to consumers, while slashing interest rates on new loans. Auto manufacturers similarly made promises to buyers, such …