Experian Automotive: Average automotive loan term reaches record high of 66 months; loans with terms 73-84 months grew by 27.6 percent

SCHAUMBURG, Ill., June 2, 2014 /PRNewswire/ -- Experian Automotive today announced that loan terms continued to lengthen, with the average automotive loan term reaching 66 months for the first time. According to Experian Automotive's latest State of the Automotive Finance Market...