loans

Cars

Nearly a third of Americans are in trouble on their car loans, with an average of more than $6,800 in negative equity

Parilov/Shutterstock Earlier this month, Jalopnik reported that nearly 25% of new car buyers opted for a 7-year (60-month) loan last quarter. This is the result of Americans being forced to find better ways to afford the transportation they desperately need as the average new car payment has

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