Auto financing has always been a booming business considering how expensive cars are, but there’s a disturbing new trend emerging for borrowers in 2023. Throughout 2022, an incredible 14% of consumers agreed to pay over $1,000 a month to fund a car … [Read More..]
Financing car purchases has become the norm in America. Over 85% of new car purchases are currently getting financed, and even about 62% of used vehicle sales are now being financed through auto loans, too. If you’re currently hoping to secure a … [Read More..]
Global economic experts all agree that the world economy has been on life support since 2020. While the good news is that the worst impacts of the pandemic were avoided by monetary policies adopted by governments around the globe, the bad news … [Read More..]
The pandemic caused a whole host of unexpected effects on society, and one of them was a drastic decrease in overall debt levels held by Americans. After the pandemic lockdowns ended, though, debt levels once again started to tick up, and rising … [Read More..]
More and more Americans are struggling with debt since 2020. As of mid-2022, most Americans (75%) report that their income is falling behind their cost of living. Unsurprisingly, this fact is pushing more Americans to take on debt. If you’ve found yourself … [Read More..]
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