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R.J. Explains: The Trouble with Auto Loans — Resources

R.J. Explains: The Trouble with Auto Loans — Resources

More Americans have a car loan than at any other point in history. Overall auto debt is at an all-time high. Auto loans are taking longer to pay off than ever and delinquencies are rising. All of this has happened in just the last 10 years – since the end of the Great Recession. What’s going on with auto loans, and what can we do? Frontier Group Analyst R.J. Cross explains: [YT LINK]


Take action and tell the FTC to stop deceptive car dealer practices related to the sale, financing or leasing of automobiles:


Read the full report:


U.S. PIRG Education Fund’s consumer tips guide video on avoiding tricks and traps when financing a car purchase:

National Consumer Law Center (NCLC) Consumer Debt Advice for avoiding car repossession & what to do if it happens to you:

NCLC’s compiled list of car consumer resources:

 Consumers for Auto Reliability and Safety (CARS) resources for car buyers:


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