Write A Review

Lincoln Car Loan Debt Hits $40M – Lincoln Car Loan Fund Hits $10M

Posted by admin

Posted November 12, 2018 05:02:11The Lincoln Car loan debt has hit a new high, reaching $40 million. 

According to a report from The Federal Reserve Bank of New York, Lincoln Mortgage LLC has loaned about $10 million to the car lender. 

The Lincoln loan is a low-interest vehicle loan that will pay off for the company’s next generation of vehicles. 

This loan has been a boon for Lincoln and the company, as it has helped them increase the supply of vehicles on the market. 

Last year, the company sold more than 4 million cars and trucks to car buyers.