RealWarrenBuffett@lemm.ee to News@lemmy.world · 11 months agoAuto 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.creditnews.comexternal-linkmessage-square93fedilinkarrow-up1290arrow-down115
arrow-up1275arrow-down1external-linkAuto 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.creditnews.comRealWarrenBuffett@lemm.ee to News@lemmy.world · 11 months agomessage-square93fedilink
minus-squareEgonDhuman@lemmy.worldlinkfedilinkarrow-up3·11 months agoWhen 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.
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.