Canadians getting lured onto 'auto-debt treadmill,' consumer watchdog warns

Canadians may be purchasing cars they cannot afford, having been lured onto an "auto-debt treadmill" by offers of long-term loans with lower monthly repayments but higher overall interest, the federal consumer watchdog warned this week.

from Automotive News Breaking News Feed http://ift.tt/1QM0mlM via Falls Church auto repair