By on August 9, 2016

Couple buying cat Courtesy chronicleherald.ca

With memories of the 2008 financial meltdown still fresh, American consumers aren’t borrowing wildly anymore — except when it comes to cars and credit card purchases.

As of the end of June, car buyers racked up the highest auto loan debt in U.S. history — $1.1 trillion, according to a quarterly report from the Federal Reserve Bank of New York. Also on the rise? Credit risk. (Read More…)

Recent Comments

  • EBFlex: You are the type of person to buy a brand new house and have corrosion on all of the water faucets and...
  • EBFlex: As tested this secretaries Mustang was almost $36k. A Challenger with a proper V8 starts at under $35k. The...
  • EBFlex: Ooooo!!! I love people that are obsessed with me. If the truth hurts your feelings, don’t read it. It’s that...
  • wolfwagen: “Your tax dollars are being used for HFC technology, with no infrastructure for producing or...
  • LeMansteve: Volkswagens and Hondas, MY2017-2018. The screen on those cars was mounted below the center vents. The...

New Car Research

Get a Free Dealer Quote

Who We Are

  • Adam Tonge
  • Bozi Tatarevic
  • Corey Lewis
  • Mark Baruth
  • Ronnie Schreiber