nygazet.com logo
$1,000 car loan payments are on the rise, stressing household budgets
business

$1,000 car loan payments are on the rise, stressing household budgets

1 min read

Record-high car prices coupled with high interest rates are leading to huge monthly car payments for many Americans.

Melissa Dickerson never imagined she would end up with a $1,100 monthly car payment, especially for a used car. Then her son wrecked her Acura. Fortunately, he was OK. But when she went shopping for a replacement SUV, Dickerson, a paralegal from Orti... [4039 chars]

Read Original Article

Source: CNN

Visit Source

Share this article