RealWarrenBuffett@lemm.ee to

News@lemmy.world · 9 months ago

Auto loans could pose a bigger threat to young Americans than student loans. For the first time, the outstanding volume of auto loan debt just surpassed student loan debt.

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Auto loans could pose a bigger threat to young Americans than student loans. For the first time, the outstanding volume of auto loan debt just surpassed student loan debt.

RealWarrenBuffett@lemm.ee to

News@lemmy.world · 9 months ago

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EgonDhuman@lemmy.world
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9 months ago
When I was a kid auto loans would be for 2 years or 4 years maybe, now. They’ll give you a 10-year loan on a car.

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