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Fact Check: Is Donald Trump Planning 15-Year Car Loans?

Fact Check: Is Donald Trump Planning 15-Year Car Loans?

Summary

A claim that President Donald Trump is planning to introduce 15-year car loans is false. The claim started from a satirical image shared online and there is no official announcement or policy from the White House or related departments about this plan.

Key Facts

  • A social media claim suggested President Trump plans for 15-year car loans.
  • The claim used a fake image with the White House's theme and design.
  • No official documents or announcements about this have been made by the White House.
  • The Department of Transportation and the Department of Commerce have not released any related policy documents.
  • Checks of President Trump's social media and White House communications found no mention of the proposal.
  • The image's earliest traceable source used it as a meme, indicating it was not serious.

Source Information