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Car Loan Delinquency On The Rise In Jamaica

Fri, Jan 15, 2010

Car Loans



According to a report in today’s Jamaica Observer newspaper, car loan delinquency is on the rise here in Jamaica. It states that the massive job losses and fallout from the collapse of the alternative investment schemes (e.g. Olint & Cash Plus) still account for many Jamaicans not being able to pay their bills. One symptom of this it says, is the impossibility of keeping up with their auto loan payments … more here.

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