Edmunds found 1 in 5 people buying new cars signed up for payments of $1,000 or more last quarter. “$1,000 a month is insane!
If more buyers stop being able to pay these loans back, which is happening at an alarming rate, we might be looking at a ...
The number of Americans signing up for car loans of $1,000 a month or more has skyrocketed in the past decade, and it shows no signs of slowing down. What used to be an unusual outlier is now becoming ...