Americans are struggling to pay off their car loans. Three charts explain why | CNN BUSINESS

CNN BUSINESS | Americans are struggling to pay off their car loans. Three charts explain why

(CNN) — You’ve managed to buy the car, but can you afford to keep paying for it?

Along with soaring car prices, loan rates are the most expensive they’ve been in more than 15 years, with the average monthly payment on a new car at an all-time high, new data from auto website Edmunds shows.  –read more

 

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