Average Car Payment in the U.S. [2023]
Credit Corp
OCTOBER 6, 2023
Auto Loans as Percentage of Consumer Debt As mentioned earlier, buying a vehicle is one of the largest purchases you’ll ever make. Millions of Americans are in debt, and a lot of this comes from auto loans. The average American credit card debt is only 5.8% of consumer debt. 781 to 850 61.6 661 to 780 70.15
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