Auto debt has swelled to $1.68 trillion, a new analysis finds. Americans face costlier vehicles, higher interest rates and lengthier loan terms.
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Car Loan Debt Hits $1.68 Trillion Record High As Drivers Struggle With Car Payments, Report Finds
A new analysis found that aggregate auto debt has climbed 37% since early 2018, reaching the highest level ever recorded.
WSJ | Buy Side is The Wall Street Journal’s research and commerce team. Our commerce content is distinct from our newsroom coverage. We earn a commission from some links in our articles. Learn more. A ...
WSJ | Buy Side is The Wall Street Journal’s research and commerce team. Our commerce content is distinct from our newsroom coverage. We earn a commission from some links in our articles. Learn more.
Lower interest rates on some consumer loans may help borrowers pay down debt. If you're struggling with high levels of debt, experts say it helps to understand the behaviors that got you into debt.
Weigh the pros and cons of paying off your auto loan early and consider your financial situation. Paying off your car loan early might save you money by reducing the total loan interest you pay. But ...
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