American Drivers Go Deeper into Debt as Inflation Pushes Car Loans to Record Highs

3 months ago
As conveyance prices emergence amid inflationary pressure, Americans buying caller cars are taking connected higher loans and pushing themselves deeper into debt, according to credit-monitoring institution Experian. Both the mean indebtedness magnitude and monthly payments for caller and used cars person risen implicit the caller quarters, the steadfast said successful an Aug. 25 news release. In 2nd 4th 2022, the mean indebtedness magnitude for a caller conveyance ...
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