Car Payments for Many Americans Are Now More Than $1,000 per Month. Here's How to Stay Ahead of Your Loan Payment
For many Americans, car payments are a fact of life. Combined with higher interest rates, monthly car loan payments for U.S. drivers are now more than $1,000 per month. With loan payments also reaching all-time highs, it can be easy to get in over your head and be stuck in an endless cycle of debt.