Questionable Lending Drives Americans to Record Auto Debt
February 13, 2019
February 13, 2019
WASHINGTON, Feb. 13 -- The U.S. Public Interest Research Group issued the following news release:
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- 75 percent auto debt increase in past decade; lack of transportation options a factor
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The amount of money Americans owe on their cars is now at an all-time high -- up 75 percent since the end of 2009. Americans' rising indebtedness for cars raises concerns about the financial future of millions of households as lenders extend credit t . . .
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- 75 percent auto debt increase in past decade; lack of transportation options a factor
* * *
The amount of money Americans owe on their cars is now at an all-time high -- up 75 percent since the end of 2009. Americans' rising indebtedness for cars raises concerns about the financial future of millions of households as lenders extend credit t . . .