More Than Half of Shoppers Are Going Into Debt This Holiday Season

More Than Half of Shoppers Are Going Into Debt This Holiday Season

As shoppers spread out their holiday purchases amid ongoing concerns about Covid, more consumers are tapping so-called buy now, pay later services. As many as 56% of shoppers have made a purchase... Read more »
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A $45,000 Loan for a $27,000 Ride: More Borrowers Are Going Underwater on Car Loans

A $45,000 Loan for a $27,000 Ride: More Borrowers Are Going Underwater on Car Loans

John Schricker took out a loan to buy a car in 2017. Then he took out another. And then another. In two years, the 40-year-old electrician signed up for four auto loans,... Read more »
A $45,000 Loan for a $27,000 Ride: More Borrowers Are Going Underwater on Car Loans

A $45,000 Loan for a $27,000 Ride: More Borrowers Are Going Underwater on Car Loans

John Schricker took out a loan to buy a car in 2017. Then he took out another. And then another. In two years, the 40-year-old electrician signed up for four auto loans,... Read more »
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