Cities Where Auto Loan Debt Is Increasing the Most
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Cities Where Auto Loan Debt Is Increasing the Most
Americans collectively owe over $1.64 trillion in auto loan debt, with the average household owing nearly $14,000. As interest rates have surged in recent years, these loans have become significantly more expensive. A sharp rise in a city's average auto loan debt can signal that residents are struggling financially or may face challenges down the line. To identify the cities where auto loan debt is growing the fastest and those where the increas…
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