NatureLover 🌲 · @naturelover
157 followers · 62 posts · Server mstdn.social
Share of new car buyers with a monthly payment of more than $1,000 hits record high
#cars #CarLoans #consumers #InterestRates #loans #inflation #cnbc
#cnbc #Inflation #loans #interestrates #consumers #carloans #Cars
Ben Fulton · @benfulton
69 followers · 213 posts · Server urbanists.socialAuto loan debt currently makes up over 9% of all outstanding household debt. Its growth accompanied a rise in total household debt, which stood at $16.51 trillion as of November 2022, an increase of over $2 trillion since the end of 2019. Auto loan debt is the third-largest category of American household debt after mortgage debt ($11.67 trillion) and student loan debt ($1.57 trillion), both of which have also increased steadily since 2011.
https://www.investopedia.com/personal-finance/american-debt-auto-loan-debt/
Pamela Foohey · @bankruptcyprof
288 followers · 46 posts · Server mastodon.ieNot sure if I'm doing this correctly, but delighted to be part of #IrishMastodon despite living in #nyc. Some hashtags to introduce myself: #lawprof #lawprofs #lawtwitter #cardozo #bankruptcy #bankruptcies #chapter11bankruptcy #contracts #consumerdebt #carloans #finance #corporations
#IrishMastodon #nyc #lawprof #lawprofs #lawtwitter #cardozo #bankruptcy #bankruptcies #chapter11bankruptcy #contracts #consumerdebt #carloans #finance #corporations