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More than 1 in 4 consumers owe more on their car loans than the vehicle is worth, while car payments of $1,000 have reached a ...
The average mortgage balance was $252,505. The average student loan balance was $35,208, down 9.2% thanks in part to federal student loan forgiveness. The average auto loan balance was $24,297.
LendingTree says overall, 5.1% of Americans are delinquent on at least one auto loan: 2% of borrowers were 30 days late on a payment, while 0.9% were 60 days late and another 0.9% were 90 to 120 ...
The average American household owes nearly $14,000 in auto loan debt and the nationwide total is nearing over $1.64 trillion, the report states.
Vehicles eligible for repossession exceeded pre-pandemic levels: In the month of December 2022, 0.75% of all outstanding vehicle loans were assigned to repossession – a 22.5% increase from ...
Reno ranked No. 17, with a balance of $20,362 and payments of $491, while Las Vegas landed at No. 52, with a smaller increase and a balance of $20,489, paying about $471 per month. These Nevada cities ...
The average mortgage balance was $252,505. The average student loan balance was $35,208, down 9.2% thanks in part to federal student loan forgiveness. The average auto loan balance was $24,297.