| ▲ | US Car Payments Hit a Record $777 a Month as Down Payments Drop(bloomberg.com) | |
| 4 points by mattas 11 hours ago | 2 comments | ||
| ▲ | watersb 9 hours ago | parent | next [-] | |
This is what addiction looks like. I wonder what the average interest rate is these days... I just saw a credit card with a usual (non-penalty) annual interest rate of 28%. Perhaps credit cards and car loans are not comparable. But it's an indication of where we are at with consumer debt. These numbers don't make sense. | ||
| ▲ | Jtsummers 11 hours ago | parent | prev [-] | |