Record Auto Debt Crushes Drivers Across D.C., Maryland and Virginia as Payments Soar

Americans now owe a record $1.68 trillion in auto loan debt, with rising vehicle prices, interest rates, insurance costs, and gas prices squeezing household budgets, according to a new report from The Century Foundation and Protect Borrowers. The post Record Auto Debt Crushes Drivers Across D.C., Maryland and Virginia as Payments Soar appeared first on The Washington Informer.

Record Auto Debt Crushes Drivers Across D.C., Maryland and Virginia as Payments Soar

Americans now owe a record $1.68 trillion in auto loan debt, with rising vehicle prices, interest rates, insurance costs, and gas prices squeezing household budgets, according to a new report from The Century Foundation and Protect Borrowers.

The post Record Auto Debt Crushes Drivers Across D.C., Maryland and Virginia as Payments Soar appeared first on The Washington Informer.