-0.5 C
New York
Tuesday, December 24, 2024

U.S. consumers borrow at record levels as car prices surge – Experian

DETROIT, Aug 25 (Reuters) – U.S. consumers are responding to surging prices for new cars and trucks by going deeper into debt, pushing the average new vehicle loan to a record-high $40,290 during the second quarter, credit monitoring company Experian said Thursday. The average monthly payment for a …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

156,325FansLike
396,312FollowersFollow
2,330SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x