Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 11 months agoAn Auto Loan Debt Crisis Looks Imminentwww.automoblog.netexternal-linkmessage-square121fedilinkarrow-up1256arrow-down13
arrow-up1253arrow-down1external-linkAn Auto Loan Debt Crisis Looks Imminentwww.automoblog.netLee Duna@lemmy.nz to News@lemmy.worldEnglish · 11 months agomessage-square121fedilink
minus-squaredangblingus@lemmy.dbzer0.comlinkfedilinkarrow-up4·edit-211 months agoDebt that they can’t afford. You can get approved generally for more debt than you can feasibly make payments on. Easier for a working class schmo to get approved for a $90K truck than a $500K house.
Debt that they can’t afford. You can get approved generally for more debt than you can feasibly make payments on. Easier for a working class schmo to get approved for a $90K truck than a $500K house.