US Car Payments Hit a Record $777 a Month as Down Payments Drop
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Re: US Car Payments Hit a Record $777 a Month as Down Payments Drop
#2Re: US Car Payments Hit a Record $777 a Month as Down Payments Drop
#3This is what addiction looks like.
I wonder what the average interest rate is these days... I just saw a credit card with a usual (non-penalty) annual interest rate of 28%. Perhaps credit cards and car loans are not comparable. But it's an indication of where we are at with consumer debt.
These numbers don't make sense.