Auto Purchases or How We Learned to Stop Worrying and Use Consumer Credit

A short history of consumer credit and financing

Auto Purchases or How We Learned to Stop Worrying and Use Consumer Credit

A short history of consumer credit and financing

 

A little history is never out of style, especially not when we think about the way our economy works today and our concept of what it means to buy stuff. America has a consumer culture that likes to spend money on quality products and is always looking to upgrade.  Today, a lot of what we do runs on credit. We live in a country of innovation, where things are always getting better, improving, and changing and this leads to better products. When it comes to automobiles, America has a great history of being at the forefront of the industry from its inception. As soon as the car was introduced into our society, there were major changes in a variety of sectors and areas of public life. Let’s take a look at the way the country developed [...]

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