US Car Payments Hit a Record $777 a Month as Down Payments Drop

This is what addiction looks like.

I wonder what the average interest rate is these days... I just saw a credit card with a usual (non-penalty) annual interest rate of 28%. Perhaps credit cards and car loans are not comparable. But it's an indication of where we are at with consumer debt.

These numbers don't make sense.

https://archive.is/R0NKv