Car Loans Pass Student Loans To Become Largest Debt Other Than A Mortgage

With an average transaction price of nearly $50,000, it’s no secret that new cars are basically just for rich people now. You can’t even buy a single new car for less than $20,000. If wages had kept up with the rising cost of a new car, that wouldn’t be as much of an issue, but here we are. And yet, people keep buying…

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