News@lemmy.worldEnglish · 10 months ago

An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

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An Auto Loan Debt Crisis Looks Imminent

www.automoblog.net

Lee Duna@lemmy.nz to

News@lemmy.worldEnglish · 10 months ago

171

Car loan debt has ballooned, delinquencies are still rising, and major lenders are leaving the market. Is an auto loan debt crisis coming soon?

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trash80@lemmy.dbzer0.com
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10 months ago

Where exactly is that $500 to save coming from?

Not having car payments:

saving 500 a month that is less than an average payment leaves you with 7k for a better car.

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